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Latest: Fintech News

Updated US Rules May Ban Sale of ‘Fast’ AI Chips to China
Updated US Rules May Ban Sale of ‘Fast’ AI Chips to China

US officials are fine-tuning export restrictions imposed on computer chips sold to China; new rules are likely to be announced this week, sources have said

India Rolls Back Plan to Restrict Laptop Imports
India Rolls Back Plan to Restrict Laptop Imports

The Narendra Modi-government is now holding consultations with the electronics industry and a new order on laptop imports will be announced by the end of October

Mild Recovery in China Chip Imports Ahead of New US Curbs – SCMP
Mild Recovery in China Chip Imports Ahead of New US Curbs – SCMP

The data released by China’s customs department marked a small improvement for the country, which saw an 18.5% decline in chip imports in the first half of the year

China Detains Former AMC Fund Manager Wang Yawei
TSMC Gets China Chip Waiver From US, Eyeing ‘Permanent’ Permit
China Scientists Claim Quantum Computer Breakthrough – CGTN
China’s Trade Data Slightly Better in September, Customs Says
US May Ban AI Chips to Chinese Firms Located Overseas
Taiwan Waits on US For Same China Chip Waivers as SK Rivals
India Arrests China Phone-Maker Vivo Execs in Tax Ruse Probe

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Asia Finance Insights
Asia Fintech insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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