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Latest: Fintech News

Samsung to Follow Through With Cuts Despite Chip Recovery
Samsung to Follow Through With Cuts Despite Chip Recovery

Samsung Electronics say a demand recovery is mostly in high-end AI chips and not enough to force a turnaround on planned cuts after a $7bn half-year loss

South Koreans Claim Superconductor Breakthrough – Register
South Koreans Claim Superconductor Breakthrough – Register

Three scientists say they were able to produce a superconductor, dubbed LK-99, via a modified form of lead apatite, that 'conducts power at any temperature below 127C without pressure chambers', but experts are sceptical

India Sees Foxconn, Micron Helping it Rival Chip King Taiwan
India Sees Foxconn, Micron Helping it Rival Chip King Taiwan

Chip firm chiefs are heading to Prime Minister Narendra Modi's home state for the annual SemiconIndia conference in Gandhinagar

US Senate Passes Weaker Bill on China Tech Investments Scrutiny
TSMC Plans $2.9bn Advanced Chips Fab to Keep Up With AI Boom
China Sending Enough Gear to Equip Russia’s Army – Politico
Japan Joins Chip Curbs on China, Despite Unease in Tokyo
US and Vietnam to Hold Regular Economic Talks, Lift Tech Ties
Cool Reception for China Moves to Lift Sales of Cars, Electronics
Chip Giant TSMC Flags 10% Sales Dip on Weak Global Demand

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