Intel is reportedly planning to make additional investments in SambaNova, the startup where Chen Liwu serves as Chairman.

According to reports, Intel plans to invest $15 million more in the startup SambaNova. The company is chaired by Intel CEO Ren Lee-Wu.

This investment is still subject to approval by regulatory authorities. Once approved, Intel’s stake in SambaNova will increase to 9%. Earlier this year, in February, Intel injected $35 million into SambaNova, and together with other rounds of financing, Intel’s current ownership stake in the startup has risen from 6.8% last year to 8.2%. The two companies announced in February that they would establish a “strategic partnership.”

In a securities filing submitted in late March, Intel said that four unnamed companies—because of their size and their connection to Ren Lee-Wu—fall under material matters and therefore require disclosure. The company did not explain whether the list is complete.

The four companies associated with Ren Lee-Wu are EPIC Microsystems, 3D Glass Solutions, OPAQUE Systems, and SambaNova.

In a statement, Intel said the company “adheres to rigorous, comprehensive governance and conflict-of-interest policies, and is actively monitored by the board of directors to ensure that all decisions are in the best interests of the company and its shareholders.”

Intel added that before Ren Lee-Wu became CEO, Intel had already been a shareholder in three of these four companies. Intel did not comment on the financing issue involving SambaNova.

The company said: “In specialized industries such as semiconductors and advanced computing, overlap among long-term investors is normal.”

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