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Latest: Fintech News

China, US Scientists’ Graphene Chip Breakthrough – IndraStra
China, US Scientists’ Graphene Chip Breakthrough – IndraStra

Graphene-based chips promise reduced power consumption and hugely improved processing speeds compared to silicon-made chips

China Evergrande Fiasco Worsens, With Arrest of EV Unit Exec
China Evergrande Fiasco Worsens, With Arrest of EV Unit Exec

News that police have detained the vice-chairman of China Evergrande New Energy Vehicle sent shares of the unit and its embattled parent company sliding again on Monday

Slower Nvidia Chip Out in Q2 But China Firms ‘Don’t Want It’
Slower Nvidia Chip Out in Q2 But China Firms ‘Don’t Want It’

China's Alibaba and Tencent have reportedly told Nvidia that they will be switching to domestic firms such as Huawei for some advanced chip orders

China’s Ant Closing in on $200m Deal to Buy Dutch Payments Firm
India Digital Currency Transactions Top 1m a Day in December
Notorious Crypto Fund HyperVerse May Have Created Fake CEO
India’s Gujarat Woos Japan, South Korea, US Chip Chiefs
China Moves to Integrate EV Charging to National Power Grids
SpaceX Launches Satellites Able to Beam Signals to Phones
Vietnam’s VinFast ‘Set to Build’ EV Battery Plant in India

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