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France Nears End of Nvidia Antitrust Investigation

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France’s competition authority has announced that its investigation into U.S. chipmaker Nvidia over alleged anti-competitive practices is nearing completion. The probe, which has examined Nvidia’s conduct in the semiconductor market, is now in its final stages, according to officials.

Umberto Berkani, the French competition authority’s general rapporteur, said the investigation is close to concluding but did not provide a timeline for a final decision or disclose any findings. The inquiry is part of broader regulatory scrutiny of major technology companies operating in Europe.

The outcome of the case could have implications for Nvidia’s business practices in the region, particularly as demand for AI chips continues to grow. Authorities have not yet indicated whether the investigation will result in penalties or other regulatory measures.

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Netherlands Joins US-Led AI Alliance Despite ASML Export Dispute

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The Netherlands has agreed to join Pax Silica, a U.S.-led initiative aimed at strengthening and coordinating artificial intelligence supply chains among allied nations. The move marks a significant boost for Washington’s technology diplomacy efforts, even as the two countries continue to disagree over certain chip equipment exports to China.

The announcement comes as Dutch Trade Minister Sjoerd Sjoerdsma visits Washington to discuss trade issues, including concerns over the proposed U.S. Match Act. While both countries support restrictions on exporting advanced semiconductor manufacturing tools used for AI chip production, they remain divided on whether Dutch company ASML should be allowed to sell and maintain some less-advanced equipment in China.

Pax Silica seeks to enhance economic security and cooperation in critical technology sectors. Besides the Netherlands, members include Japan and South Korea, while Taiwan has endorsed the initiative without formally joining. The European Union is also expected to participate in the future, further expanding the alliance’s influence over global AI and semiconductor supply chains.

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Intel to Reclaim Full Control of Ireland Chip Plant with $14.2 Billion Buyback

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Intel has announced plans to spend $14.2 billion to repurchase the 49% stake in its Ireland semiconductor manufacturing facility that it previously sold to Apollo Global Management. The move will restore full ownership of the Leixlip-based plant as the company strengthens its financial position and benefits from rising demand for processors driven by artificial intelligence growth. Following the announcement, Intel’s shares surged more than 10%.

Apollo had acquired the stake in 2024 for $11.2 billion, providing Intel with crucial funding during a period of financial pressure as it expanded manufacturing operations in Europe and the United States. Since then, the chipmaker has undergone restructuring under CEO Lip-Bu Tan, including cost cuts and asset sales, alongside major investments from partners and government support aimed at reviving its competitiveness in the semiconductor market.

Intel said the buyback will be financed through existing cash reserves and about $6.5 billion in new debt, with expectations that the deal will improve profitability and credit strength from 2027 onward. The Ireland facility, known as Fab 34, produces advanced chips using Intel 4 and Intel 3 technologies, and the company is now focusing on developing its next-generation 18A manufacturing process to expand future production and potential external partnerships.

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