Beijing could scupper another merger involving a US chips firm just as the Biden administration clamps down on China’s tech sector
Beijing antitrust regulators spent so long evaluating a $5.4 billion acquisition by Intel Corporation that the U.S. chipmaker eventually gave up. Now, the country may try to use the same strategy against another U.S. semiconductor firm and torpedo a deal almost 12 times as large. Chinese regulators are exploring whether to delay approval for U.S. … Read more