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Latest: Fintech News

India Gives Go-Ahead to $15.2 Billion Triple Chip Plants Plan
India Gives Go-Ahead to $15.2 Billion Triple Chip Plants Plan

Tata Group and CG Power will partner up with Taiwan's Powerchip and Japan's Renesas on the first two fabs in Gujarat

Biden Orders Probe Into Data Security Risks From Chinese EVs
Biden Orders Probe Into Data Security Risks From Chinese EVs

The White House said the probe could lead to restrictions being imposed on Chinese EVs due to concerns about "connected" car technology

US to Block Personal Data Sales to China, Russia – engadget
US to Block Personal Data Sales to China, Russia – engadget

The order will also bar data brokers from selling large troves of Americans’ personal information to countries or entities in Iran, North Korea, Cuba and Venezuela

SpaceX’s Talks With Vietnam Over Starlink Internet Hit a Snag
China Premier Li Urges US to U-Turn on Decoupling Push
Apple Seen Pulling Plug on 10-Year Electric Car Project
China Chipmaker Fujian Jinhua Cleared in US Trade Secrets Case
BMW Considering EV Battery Plant in Thailand – Bkk Post
Japan’s SLIM Moon Lander Sparks Back Into Life, Makes Contact
Bitcoin Hits $57k, Posts Two-Year High as Big Players Wade In

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Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors