EU should limit curbs on outbound investment, semiconductor group says
AMSTERDAM — Semiconductor 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. The U.S. has issued draft rules for banning some such investments in China that could threaten U.S. national security, part of a broader push to prevent U.S. know-how from helping the Chinese to develop sophisticated technology and dominate global …