Last week, five Republican Senators sent a letter to U.S. Department of Treasury Secretary Janet Yellen urging the Department to conduct a Committee on Foreign Investment in the United States (CFIUS) review of Chinese-funded Alphawave IP Group’s intent to acquire U.S.-based semiconductor IP developer OpenFive, "a leading developer of system-on-chip (SoC) intellectual property (IP)."

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US CongressCFIUSChinese Foreign InvestmentSemiconductorsNational Security