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Latest: Fintech News

China’s Lenovo Breaks Losing Run, Posts Revenue Growth
China’s Lenovo Breaks Losing Run, Posts Revenue Growth

The Chinese PC-manufacturer has turned around five quarters of falling earnings that followed a boom in sales during Covid lockdowns

AI Chiefs Say Deepfakes a Threat to World, Call For Regulation
AI Chiefs Say Deepfakes a Threat to World, Call For Regulation

More than 400 signatories to an open letter have warned AI-generated deepfakes pose a major risk to societies

Taiwan Chip Firms Migrate to Japan, TSMC to Open Kyushu Plant
Taiwan Chip Firms Migrate to Japan, TSMC to Open Kyushu Plant

Japan's plan to revitalize its chip industry has been boosted by the arrival of TSMC, the world's top chipmaker, and eight other Taiwanese chip firms over the past two years

Blacklisted Chinese Surveillance Maker in Saudi Fund Tie-Up
US Targets China’s Top Chip Plant Over Huawei Mate 60 Pro Coup
SMIC, Huawei Big Winners as China Ramps Up Chip Funding
Generative AI Seen Having Big Impacts on Environment – Nature
Russians Named as West Smashes Lockbit Ransomware Gang
EU’s Green Tech Reliance on China ‘Worrying’ – Euractiv
Bitcoin Comeback Sees Market Worth $1 Trillion Again

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