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Latest: Fintech News

TSMC Delays Chip Equipment Deliveries as Tech Demand Slumps
TSMC Delays Chip Equipment Deliveries as Tech Demand Slumps

The world's biggest contract chipmaker is reportedly concerned about the sales of mobile phone, laptop, industrial and auto chips

TikTok Hit With $370m EU Fine Over Children’s Data Breaches
TikTok Hit With $370m EU Fine Over Children’s Data Breaches

TikTok said it disagreed with the decision and the size of the fine – and that it had addressed most of the regulator’s concerns before it launched its probe

SoftBank’s Arm Nets $65bn Valuation in Blockbuster Nasdaq Debut
SoftBank’s Arm Nets $65bn Valuation in Blockbuster Nasdaq Debut

Arm's debut will likely encourage other tech companies to move forward with their IPOs, but it does not likely signal a return to the frothy market of 2021, market analysts say

China Sanctions US Defence Firms For Arms Sold to Taiwan
‘Frustrated’ in US, TSMC Finds Japan Chipmaking a ‘Natural Fit’
Huawei to Hold Product Event; All Eyes on Tech, Chip Details
Myanmar Junta Hits Migrant Workers With Remittance Fee – I’waddy
Putin Gives North Korea’s Kim a Tour of Rocket Launch Site
China Denies iPhone Ban Claim But Warns of ‘Security Incidents’
For China Users, an Apple vs Huawei Battle is Picking up Pace

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