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Latest: Fintech News

Nexperia Cuts Wafers to China Plant: Carmakers’ Chip Fears Rise
Nexperia Cuts Wafers to China Plant: Carmakers’ Chip Fears Rise

Dutch chipmaker suspends supplies of wafers to its Guangdong assembly plant amid concern its technology could be stolen by its Chinese owner. The row has inflamed fears on the supply of chips to carmakers worldwide

Chinese Manufacturing Slumps to Six-Month Low, as Exports Fall
Chinese Manufacturing Slumps to Six-Month Low, as Exports Fall

A survey of factory activity in October reveals worst contraction in 6 months, as export orders dropped after a long period of front-loading to beat US tariffs

Samsung, Nvidia Discussing HBM4, Next Level of Memory Chips
Samsung, Nvidia Discussing HBM4, Next Level of Memory Chips

Samsung's earnings have recovered and it's now in 'close discussion' with Nvidia on HBM4 – the next-generation of high-bandwidth memory chips

Toyota to Speed up Expansion in India With Rural Push, New SUVs
Trump Cuts US Tariffs to 47%, Xi Vows to Ease Rare Earth Curbs
Trump Edges Closer to Tariff Deal With Seoul, Ignores NK Missile
Trump to Discuss Nvidia’s Top Chip With Xi, as Market Cap Soars
Japan Signs Rare Earths, Nuclear Power Deal With Trump
Trade Deal Optimism Lifts North Asian Stocks to Fresh Peaks
China Party Chiefs Vow to Boost Innovation, Oh, And Consumption

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