White House weighing whether to force Tencent to divest U.S. gaming stakes

The Trump administration is considering whether to force Chinese tech conglomerate Tencent to divest its investments in U.S. gaming companies, including its 28 percent stake in Epic Games and ownership of Riot Games. The deliberations have surfaced ahead of negotiations with President Xi Jinping in China next month.

Tencent also holds undisclosed investments in firms such as Discord, has bought into Larian Studios and Remedy Entertainment, and owns a majority stake in Finland-based Supercell, the maker of Clash of Clans. Officials have discussed forcing Tencent to give up the Supercell holding because many of its customers are based in the United States.

The Treasury-led panel CFIUS has reviewed Tencent for years amid concerns that its stakes in gaming companies could give it access to user data. The administration previously threatened to ban WeChat, which Tencent owns, and in January 2025 designated the conglomerate a Chinese military company, a move that sent its stock lower.

United States

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