Intel Capital, the venture arm of Intel, has emerged as a significant foreign investor in Chinese AI and semiconductor startups. The firm currently holds stakes in 43 Chinese technology startups, including 16 focused on AI and 15 in the semiconductor industry, as well as companies developing cloud services, electric vehicles, telecoms, and virtual reality systems. This investment strategy has drawn increased scrutiny from U.S. policymakers, who are advocating for tighter regulations on outbound capital to prevent American firms from investing in companies with ties to the Chinese government. The scrutiny has intensified following reports that Intel has continued its investments in China despite receiving substantial U.S. semiconductor grants.