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Latest: Fintech News

China’s SMIC May Have Breached US Curbs With Huawei Chip
China’s SMIC May Have Breached US Curbs With Huawei Chip

US lawmakers were already looking to cut SMIC off from US tech imports after it produced the surprisingly high-end chip for Huawei’s latest handset

Micron’s Record Run Continues Amid Relentless AI Frenzy
Micron’s Record Run Continues Amid Relentless AI Frenzy

Micron, one of the two suppliers of top-end chips to Nvidia along with South Korea's SK Hynix, added nearly $19 billion to its market value this week

US Urged to Ramp Up Tariffs to Fight ‘Threat’ of Chinese Drones
US Urged to Ramp Up Tariffs to Fight ‘Threat’ of Chinese Drones

The politicians said the current 25% additional tariff on Chinese drones is "insufficient to combat the surge" in imports

Tencent Revenue Disappoints, Gaming Blamed For Shortfall
Nuclear Fusion Summit in US Amid Race for Cash, China Rivalry
Apple CEO Cook in China, Meets Suppliers Amid Falling iPhone Sales
US-China ‘Doomsday Scenario’ Unlikely: Nvidia’s Huang – Nikkei
Global Chip Sector ‘Can Never Return to its Pre-Covid Set-up’
BYD to Use Nvidia’s Next-Gen Chips to Elevate Self-Driving Tech
Huawei’s HarmonyOS Set to Overtake Apple iOS in China – Fortune

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