EU should limit curbs on outbound investment, semiconductor group says
The HinduSemiconductor industry group SEMI Europe called on the European Union on Monday to place as few restrictions as possible on outbound investment in foreign computer chip technology by companies based in the bloc. Proposals to screen outbound investment - European capital being invested in foreign semiconductor, AI and biotechnology companies - are being considered, though no EU decision is expected before 2025. "European semiconductor companies must be as free as possible in their investment decisions or otherwise risk losing their agility and relevance," SEMI Europe said in a paper outlining its recommendations. Alongside the proposals for outbound investment screening, the EU has also been moving towards a law that screens inbound investments of foreign capital that might pose a security risk, such as purchases of European ports, nuclear plants and sensitive technologies.
Discover Related
)
)
)