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Latest: Fintech News

US Ban on Nvidia, AMD Chips Could Backfire, Analysts Say
US Ban on Nvidia, AMD Chips Could Backfire, Analysts Say

Some executives say the US ban on exports to China of Nvidia and AMD's advanced computer chips could backfire if it creates chances for startups in China's fast-growing chip market.

Apple Playing With Fire Using Chinese Chips, Rubio Says – FT
Apple Playing With Fire Using Chinese Chips, Rubio Says – FT

"We cannot allow Chinese companies beholden to the Communist Party into our telecommunications networks and millions of Americans’ iPhones,” Senator Marco Rubio said.

India Must Regulate Internet Shutdowns, Say Tech Giants
India Must Regulate Internet Shutdowns, Say Tech Giants

State internet shutdowns "cause significant inconvenience to local public at large," the Internet and Mobile Association of India said

US Tech Firms Banned From Building China Factories – BBC
Xi Plans China Technology Push as Tensions Rise With US
SK Hynix to Build New $11bn South Korea Memory Chip Factory
China’s Child Smartwatch Market Doubles Over 4 Years – Nikkei
China Blames US For University Server Attack – SCMP
Chips Banned by US in Big Demand from Chinese Researchers
China E-Commerce Giant Shein’s Sales Soar 50% – Pandaily

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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