In a financial carom, Google has stood up to NVIDIA, leaving an unexpected winner in the crazy AI race: Larry Page

NVIDIA promised them very happy being the best-positioned AI chip manufacturer. At least it was until Google has started making chips. This new scenario has excited investors, who have rushed to buy Alphabet shares, making your price goes up up to 6.3% from one day to the next, and accumulating an advance of more than 75% since its August price. This increase in the value of Google’s parent company has also coincided with a dip in Oracle’s valuation, which has caused chaos on the podium of the world’s largest fortunes. according to Forbes. What AI gives you, AI takes away. A few months ago, Larry Ellison, founder of Oracle rose as the second largest fortune in the world, overtaking Mark Zuckerberg. His fortune reached 291.6 billion thanks to the good growth prospects posed by the construction of the data centers for AI. In fact, the Oracle founder’s fortune grew so much that he was close enough to the unattainable Elon Musk as to threaten its position on that list. Just as AI raised Larry Ellison to become the world’s second-largest fortune, AI he has taken that place away to hand it over to Larry Page, who reaches that position with a fortune of 261.5 billion dollars. Google rises, Oracle falls. He Google stock rally contrasts with the downturn suffered by the main architect of the cloud infrastructure in which AI lives, leaving up to 6.79% of its price in recent days. This decline has meant that Ellison’s fortune, with a strong influence of Oracle on its income balance, has suffered, falling to $256.7 billion, being displaced to third position. That same stock market momentum of Google has taken another founding partner, Sergei Brin, to fourth position, with a fortune of 242.4 billion dollars, while Alphabet shares brought the company closer to a market capitalization of almost 4 billion dollars. Mark Zuckerberg and Jeff Bezos didn’t even see it coming. The most pronounced falls in recent months have been those of Jeff Bezos and, above all, Mark Zuckerberg, who, accustomed to remaining in the Top 3 of the greatest fortunes, fall to fifth and sixth position in the ranking of Forbes. The decline in Mark Zuckerberg’s fortune is especially striking, due to the poor performance of Meta shares in recent weeks. Interestingly, Meta shares have broken their downward trend following Google’s announcement to get into the semiconductor business for AI and the rumors that Zuckerberg could change NVIDIA processors for the Tensor Processing Unit manufactured by Alphabet. Larry Page and Sergei Brin: same company, different fortunes. Although Page and Brin co-founded Google and share control of the company through their shares, both millionaires do not own exactly the same number of shares, and that detail makes a big difference in their assets. According to public statements of Alphabet before the US Securities and Exchange Commission (SEC), between the two magnates they concentrate 87.9% of Alphabet’s class B shares, which grant 10 votes per title. However, the figures show that Page has just over 389 million shares, while Brin account with some 362.7 million of these shares, which makes Page the main beneficiary of the rally in the shares of the company they founded. Brin has been more generous with science. The key to this gap is that Sergei Brin has been much more active than Page in donating and selling part of his stake in Alphabet, and that has reduced his share package over time. Brin has been targeting large volumes of Alphabet and Tesla shares to research donations of treatment against Parkinson’s disease, bipolar disorder or autism, after being discovered a genetic mutation which made him prone to developing that disease. In Xataka | Larry Page and Sergey Brin founded Google and became millionaires. Now they are dedicated to collecting gigantic airplanes Image | Flickr (Fortune Global Forum, TED Conference)

China has not stood idly by in the face of the Dutch offensive against Nexperia. The pulse with Europe intensifies

Nexperia probably doesn’t sound familiar to us. It does not manufacture phones or computers, but its small chips are present in a good part of devices. For years, it was a discreet company based in the Netherlands and owned by the Chinese company Wingtech, far from the media spotlight. Everything changed this fall, when the Dutch Government took temporary control of its management citing reasons of economic securityand a few days later China banned its subsidiary from exporting part of its products. In just one week, an invisible company became the epicenter of the new technological pulse between Europe and Beijing. The Dutch Government’s measure was not an expropriation, but it was an unprecedented move. The Ministry of Economic Affairs invoked the Asset Availability Lawa 1952 law created to ensure the supply of essential goods. With it, he assumed veto power over strategic decisions. In parallel, The Amsterdam Business Chamber appointed an independent administrator and reorganized voting rights to ensure oversight. According to the Executive, it was about ensuring that the company maintained its production in Europe and avoiding any transfer of sensitive knowledge outside the continent. Dutch control over Nexperia has a very specific scope. The State does not own the company, but it can veto strategic decisions, changes in management or movements that modify its structure in Europe. Through the independent administrator appointed by a court, the Government has a direct say in the management and can stop any decision that it considers a risk to supply or technological security. Supervision has been established for an initial period of one year, although it is not clear whether monitoring could be extended beyond that period. Export veto. A few days after the Dutch decision, China reacted with a measure that directly hits the Asian subsidiary of Nexperia. The Ministry of Commerce vetoed the export of certain “finished components and subassemblies” manufactured in Chinese territory, both by the company itself and by its suppliers. The blockade does not affect its internal market, but limits part of the trade routes to Europe and America. The company has confirmed that it is seeking an agreement with the Chinese authorities to reverse the veto. Impact on the supply chain. Nexperia’s Guangdong plant is one of its largest centers, with a capacity of tens of billions of parts per year. The Chinese order affects precisely that facility and its local suppliers, which restricts international shipments. Nexperia keeps its factories active in Europe and Southeast Asia, which could help mitigate the effects of the blockade. For now, the company assures that European production and orders continue as normal. Official responses: Following the Dutch Government’s decision, Nexperia announced that it will fully cooperate with the authorities and implement the management changes ordered by the court. Wingtech, its Chinese parent company, talks about “an excessive intervention based on geopolitical bias rather than a fact-based risk assessment” by the Netherlands. From Beijing, the Ministry of Foreign Affairs denounced the politicization of the issue and discriminatory practices against Chinese companies Chronology to understand the case at a glance. In just two weeks, the Nexperia case went from being an administrative decision to becoming a diplomatic fight between Europe and China. September 30, 2025: The Ministry of Economic Affairs of the Netherlands invokes for the first time the Goods Availability Act to apply supervisory measures over Nexperia. October 4, 2025: China’s Ministry of Commerce prohibits Nexperia China and its subcontractors from exporting certain “finished components and subassemblies” manufactured in the country. October 7, 2025: The Amsterdam Business Chamber suspends CEO Zhang Xuezheng and appoints an independent administrator with decision-making power over the company. October 12, 2025: The Dutch Government officially announces the activation of the law and the control framework over Nexperia. October 14, 2025: Nexperia recognizes the veto imposed by Beijing and affirms that it is holding talks with the Chinese authorities to resolve the blockade. ⠀ The episode leaves more questions open than answers. China has not published a detailed list of affected products, and the available information comes from Nexperia’s statement on October 14. It is also not known whether Dutch supervision will end within the announced deadline or whether it could be extended. Ultimately, the company operates between two opposing regulations, with no clear margin for stable normality. A conflict, opposing views. The Netherlands maintains that it acts for economic security and to protect technological capabilities considered strategic. China, on the other hand, interprets the measure as a form of discrimination that seeks to slow its industrial advance. Between both positions, the company tries to maintain balance on a board that has become as political as it is technological. What is at stake is not only the future of Nexperia, but the role that Europe wants to play in the new geography of technology. Nexperia is not a minor player. From its headquarters in the Netherlands coordinates a global network of more than 12,500 employees and manufactures billions of components each year for industries ranging from automobiles to consumer electronics. Their chips, invisible to most, are part of the technical fabric that supports much of the digital economy. That scale explains why what began as a national measure has ended up resonating in a global debate about control, dependence and technological power. Images | Nexperia (1, 2, 3) In Xataka | Before the tariffs, China bought most of its beef from the US. After the tariffs another country has won

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.