Foreign Investment
-
Access Denied
The Dutch government has seized control of chipmaker Nexperia, owned by China’s Wingtech Technology, citing national security concerns. This intervention, driven by anxieties over semiconductor industry security and Europe’s technological sovereignty, follows increased scrutiny of Nexperia’s operations after its 2018 acquisition. The move signals a significant shift in European policy towards foreign investments in critical sectors and may trigger a ripple effect, prompting other nations to re-evaluate investment screening processes and potentially further restrict foreign investment. This action may also exacerbate existing tensions between Europe and China.
-
Minister of Commerce Meets with Nvidia CEO Jensen Huang, Expressing Hope for Reliable Products and Services
Nvidia CEO Jensen Huang met with China’s Minister of Commerce Wang Wentao, signaling Nvidia’s continued commitment to the Chinese market despite geopolitical tensions. Wang affirmed China’s openness to foreign investment and encouraged Nvidia to provide reliable products. Huang emphasized the attractiveness of the Chinese market and Nvidia’s intent to deepen AI cooperation. The meeting highlights Nvidia’s balancing act between US restrictions and China’s commercial potential. Huang has stressed the importance of the Chinese market and existing fruitful relationships.
