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Latest: Fintech News

Apple Market Value Dips Below $2 Trillion Amid Demand Fears
Apple Market Value Dips Below $2 Trillion Amid Demand Fears

Apple Inc’s stock market value dropped sharply on Tuesday following its steep drop last year, leaving it below $2 trillion for the first time since March 2021

Taiwan Gives Citizens $200 to Share Chip Success, Buoy Economy
Taiwan Gives Citizens $200 to Share Chip Success, Buoy Economy

"The fruit of economic achievements will be shared by all citizens, from young to old," Premier Su Tseng-chang said

South Korea Eyes Huge Incentives for Chip Investments at Home
South Korea Eyes Huge Incentives for Chip Investments at Home

A dominant player in the global chip industry, the country hopes the incentives would help it cement the security of its supply-chain security while boosting the economy

India’s TikTok Ban ‘Incredibly Important’: US FCC – TechCrunch
We Have Emerged From Crisis: Huawei Chairman Eric Xu
China Pulls Off Chip Breakthrough in Sanctions Blow – Telegraph
Huawei on Comeback Trail After US Sanctions Blow, Says Chief
Short Video Apps Become Vital for China’s Job Hunters – SCMP
Taiwan’s TSMC Starts Production of Its Most Advanced Chip Yet
Crypto Exchange Kraken to Cease Operating in Japan

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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