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Latest: Fintech News

Japan and US Agree to Cooperate on Advanced Technology
Japan and US Agree to Cooperate on Advanced Technology

The two allies are looking to cooperate closely in research and development of advanced chips, artificial intelligence and quantum technology, sources say

US Risks ‘Enormous Damage’ With China Chip War: Nvidia CEO – FT
US Risks ‘Enormous Damage’ With China Chip War: Nvidia CEO – FT

“We can theoretically build chips outside of Taiwan, it’s possible [but] the China market cannot be replaced. That’s impossible,” Huang told FT

Blackstone’s Lumina Talking to Tech Giants on Indian Data Centres
Blackstone’s Lumina Talking to Tech Giants on Indian Data Centres

Blackstone is looking at data centres in five Indian cities with total capacity of 600 megawatts, Lumina's CEO says

China’s $1.5trln Brokerage Sector Set For More Pain – SCMP
Chinese Hackers ‘Spying on Critical US Services, Guam’
China’s Lenovo Logs Revenue Hit as PC Demand Crashes
South Korea Asks US to Review China Curbs in Chips Act Funding
Russian PM Signs Economic Deals in Beijing as Ties Warm
Chinese Hackers ‘Targeted Kenya Ministries Amid Debt Strains’
China Warns Japan to Reverse its Ban on Chipmaking Gear

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