Press Release: UPDATE 1-Nexperia says it is negotiating with both US, China over export controls

(Updates with details from Nexperia statement) AMSTERDAM, Oct 14 (Reuters) – Dutch computer chip maker Nexperia said on Tuesday it is facing export restrictions from both the U.S. and Chinese governments, showing how the firm is being squeezed between the two geopolitical and technological rivals. In a statement, Nexperia, a subsidiary of China's WingTech , said it is in negotiations with both governments. It said it was optimistic, at least about obtaining relief from the United States. The Dutch state took control of Nexperia on September 30 to ensure its technology and operations remain on European soil – just as Washington expanded its "entity list" of companies that require export licenses for any transaction involving the U.S. to include subsidiaries of listed companies. Nexperia is