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Latest: Fintech News

China Fumes as TSMC Begins Producing 4nm Chips in US
China Fumes as TSMC Begins Producing 4nm Chips in US

Chinese state media says the development could lead to “overwhelmingly unfavourable consequences” for Taiwan and global chip supply chains

TikTok Could Face Ban in US After Bad Day in Court – GZero
TikTok Could Face Ban in US After Bad Day in Court – GZero

US court appears to see control of the app as the key issue in the case, and a top analyst says the world is entering a dangerous phase as US-China ties 'decouple'

Biden Restricts Access to AI Chips to US Firms And Its Allies
Biden Restricts Access to AI Chips to US Firms And Its Allies

New rules will cap exports of AI chips to adversaries such as China and Russia, while allowing US companies and close allies unlimited access

US Probe Shows China Unfairly Dominates Shipbuilding: Sources
TikTok Ban: Supreme Court Case Begins, Billionaire Bids For App
US Trade Deficit With Vietnam Tops $110 Billion as Dong Weakens
Practical Use Of Quantum Computers 20 Years Away: Nvidia Chief
Biden’s Final Fling: Curbs on US-Made AI Chips, Russia Sanctions
Deflation Risk in China as Weak Demand Hits Consumer Prices
Trump May Declare National Economic Crisis For New Tariffs: CNN

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