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Latest: Fintech News

Japan to Pump $4.9bn Into Second TSMC Chip Factory Plan
Japan to Pump $4.9bn Into Second TSMC Chip Factory Plan

Another plant in Japan would expand TSMC’s capacity there to more than 100,000 12-inch wafers to supply tech firms and carmakers including Sony and Toyota

Nvidia Worth $2 Trillion as AI Fever Grips US, Asia Markets
Nvidia Worth $2 Trillion as AI Fever Grips US, Asia Markets

The firm consolidated its position as the US’s third most valuable firm after its market valuation jumped from $1 trillion in just eight months

India’s Push For Tariffs on Data Transfers Alarms Chip Giants
India’s Push For Tariffs on Data Transfers Alarms Chip Giants

Tariffs on an innumerable number of transfers of chip design data across countries, would raise chipmaking costs and worsen chip shortages, a semiconductor consortium warned India

China Facing a WikiLeaks-Style Crisis From Hacking Firm’s Data
Nvidia Calls Huawei Top Rival Amid New AI Chips Push in China
Creditors Set to Sue State Shareholder of Chinese Developer
China’s Lenovo Breaks Losing Run, Posts Revenue Growth
AI Chiefs Say Deepfakes a Threat to World, Call For Regulation
Taiwan Chip Firms Migrate to Japan, TSMC to Open Kyushu Plant
Blacklisted Chinese Surveillance Maker in Saudi Fund Tie-Up

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