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Latest: Fintech News

Why Retail Investors Should be Wary When Investing in Arm IPO
Why Retail Investors Should be Wary When Investing in Arm IPO

The 10 biggest US IPOs of the past four years are down an average of 47% from the closing price on their first day of trading

US ‘Weather Weapon’, AI in New Phase of Disinformation – NYT
US ‘Weather Weapon’, AI in New Phase of Disinformation – NYT

Researchers from Microsoft and other groups say China was behind fake social media posts that claimed fires in Hawaii last month were caused by a secret "weather weapon" made by the US

Country Garden Stock Jumps as Creditors Back Bond Extensions
Country Garden Stock Jumps as Creditors Back Bond Extensions

Chinese creditors voted on Monday for proposals to extend repayments on eight onshore bonds worth $1.48 billion by three years. Six were approved, while two were delayed, sources said

Alibaba Stock Slips On Daniel Zhang’s Sudden Cloud Unit Exit
TikTok’s $1.3bn EU Data Centres Plan to Dodge Bans – Wired
Chip Plants, AI, Boeing Deals Agreed at US-Vietnam Meetings
Seeking China Hedge, Top US Chip Firms to Join Biden in Vietnam
Modi-Biden ‘Affirm’ Tech, Defence Ties Ahead of India G20 Summit
India’s Reliance in Tech Tie-Up Talks Ahead of Chipmaking Move
Threat of More Chip Curbs Spurs Warnings on China Innovation

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