If you want to run a program, just type its name and parameters:
notepad.exe C:\devmy\hi.txt
If you want to run an exe and redirect stdin to it which your example seems to be an attempt of, use:
Get-Content c:devmy\hi.txt | yourexe.exe
If you need to specify the full path to the program then you need to use ampersand and quotes otherwise powershell thinks you are defining a plain string:
&"C:\Program Files (x86)\Notepad++\notepad++.exe"