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Latest: Fintech News

China Scientists Claim Quantum Computer Breakthrough – CGTN
China Scientists Claim Quantum Computer Breakthrough – CGTN

Researchers at University of Science and Technology of China say their 'Jiuzhang' quantum computer prototype pushes calculation speeds to new highs

China’s Trade Data Slightly Better in September, Customs Says
China’s Trade Data Slightly Better in September, Customs Says

Exports and imports fell by 6.2% over 2022 - margins that were less than August, however multiple economic challenges remain

US May Ban AI Chips to Chinese Firms Located Overseas
US May Ban AI Chips to Chinese Firms Located Overseas

The Biden administration is keen to close a loophole in restrictions it imposed a year ago to stop or reduce China's access to artificial intelligence chips, sources say

Taiwan Waits on US For Same China Chip Waivers as SK Rivals
India Arrests China Phone-Maker Vivo Execs in Tax Ruse Probe
Samsung Set For 80% Profit Dive as Chip Glut Bites: Analysts
China’s Country Garden Stocks Plunge on Foreign Debt Warning
S Korea’s Samsung, SK Hynix Win US Chip Tech Export Waivers
China Plans 50% Jump in Computing Power by 2025 Amid AI Rush
Blacklisted China Chip Giant SMIC Earned $1.5bn in US – WSJ

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