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Latest: Fintech News

G7 Agree AI Code of Conduct to Limit Tech Threat Risks
G7 Agree AI Code of Conduct to Limit Tech Threat Risks

Up until now Japan, the US and countries in Southeast Asia have taken a more hands-off approach than the EU and Canada to AI innovation

Tata to Assemble iPhones in India After $125m Wistron Deal
Tata to Assemble iPhones in India After $125m Wistron Deal

The conglomerate’s purchase of Wistron InfoComm Manufacturing India will see it manufacturing iPhones for the domestic and foreign markets

China’s YMTC in Advanced AI Memory Chip Coup – SCMP
China’s YMTC in Advanced AI Memory Chip Coup – SCMP

Industry analysts said the breakthrough by the country’s leading memory chip producer was a "surprise technology leap"

Huawei’s China Smartphone Sales Soar, Closes Gap on Apple
Huawei, US-Sanctioned Firms Win as China Dumps Western Tech
Nvidia to Stop Some AI Chip Exports to China Immediately
Some Asian Markets Bounce Back, But Global Outlook Weighs
ASML Employee Who Stole Chip Secrets ‘Went to Work at Huawei’
Japan Watchdog Launches Google Search Dominance Probe
China Tensions Leave US Firms Between a Rock and a Hard Place

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