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Latest: Fintech News

China Softens Tone on US Ties Amid Potential Thaw In Chip War
China Softens Tone on US Ties Amid Potential Thaw In Chip War

Beijing says it hopes the US 'can correct 'wrong' practices' on chip trade following an announcement from Nvidia chief Jensen Huang that would start selling H20 chips to China again

Top Indian Think Tank Urges Easier Rules For Chinese Investors
Top Indian Think Tank Urges Easier Rules For Chinese Investors

The think tank, NITI Aayog, has proposed that Chinese companies be allowed to take a stake of up to 24% in an Indian company without any approval being required, sources say

US Bank Suspends China Travel, as Executive Banned From Leaving
US Bank Suspends China Travel, as Executive Banned From Leaving

Wells Fargo bank is seeking to help Chenyue Mao, a Chinese-born US citizen who rose to become the bank's managing director in Atlanta

TSMC Sees 60% Profit Jump on AI Chip Demand, But Fears Tariffs
US to Ban Chinese Tech, Equipment in Undersea Telecom Cables
Beijing Says it Will Rein in EV Sector’s ‘Irrational’ Competition
China Scrambles for Nvidia’s H20 Chips as Trump ‘Reverses’ Curbs
Nvidia’s Huang Says China’s Military ‘Can’t Rely on US Tech’
Tesla Set to Open Showroom in Mumbai, India, Early Next Week
Shanghai Regulator Reassessing Stance on Stablecoins, Crypto

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