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Latest: Fintech News

Trump Eyes 60% China Tariffs, Sparks New Trade War Fears – WP
Trump Eyes 60% China Tariffs, Sparks New Trade War Fears – WP

Trump has vowed to take on China again if he wins a second term, promising to be tougher on Beijing than Biden

Nvidia’s New AI Chip for China Priced Close to Huawei Alternative
Nvidia’s New AI Chip for China Priced Close to Huawei Alternative

The new H20 chip, made for China's AI market, has less power than 2 chips banned late last year, but is still seen as having a key advantage over Huawei's Ascend 910B

US Accuses More Chinese Tech Firms of ‘Helping Beijing’s Military’
US Accuses More Chinese Tech Firms of ‘Helping Beijing’s Military’

Chipmaker YMTC, AI company Megvii, plus lidar maker Hesai Technology and NetPosa were among more than a dozen firms named by the US Defence Department this week

Huawei Computing Unit Issues Delay Chinese Auto Deliveries
Raimondo Says Chinese EVs Are a National Security Risk For US, EU
China’s Manufacturing Declines in January, Amid Weak Demand
China Way Ahead of US in Chip Startup Funding – PitchBook
US Cleared Chinese Hackers From Pacific Computer Systems
Teradyne Pulled $1bn of Chip Testing Equipment Out of China
China Ups Approvals for Public AI Models in Race to Rival US

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