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Latest: Fintech News

Anthropic’s New Tools Show AI Risk to Indian IT Services Revenues
Anthropic’s New Tools Show AI Risk to Indian IT Services Revenues

New AI tools out this month could change how global firms handle "back-office" technology work, putting at risk a huge chunk of revenues for the Indian IT sector

TSMC Says Second $17bn Plant in Japan Will Make 3nm Chips
TSMC Says Second $17bn Plant in Japan Will Make 3nm Chips

Chip giant's CEO meets PM Sanae Takaichi as work starts on a second fab on Kyushu, which will produce 3-nanometre chips for AI use

Nvidia AI Chip Sales to China Delayed Again on Security Review
Nvidia AI Chip Sales to China Delayed Again on Security Review

The review marks yet another delay for Nvidia, which is hoping to return to China’s $50 billion-a-year AI market after a recent Beijing ban on its chips

Chinese Solar Panel Makers Get a Rise After Musk Team Visits
India Stocks, Rupee Soar on US Trade Deal Despite Few Details
Japan Claims ‘World First’ Retrieval of Rare Earths in Deepsea Drill
India’s 20-Year Tax Break For Data Centres Faces Resource Crunch
Thousands Arrested, 100s Deported After Cambodia Scam Raids
Seoul Yet to Resolve Investment Dispute and Tariff Hike by US
Top Court Scraps Hong Kong Firm’s Panama Ports Concession

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