fbpx

Type to search

Latest: Fintech News

S Korea’s Samsung, SK Hynix Win US Chip Tech Export Waivers
S Korea’s Samsung, SK Hynix Win US Chip Tech Export Waivers

Samsung makes about 40% of its NAND flash chips at its plant in Xian, China, while SK Hynix makes about 40% of its DRAM chips in Wuxi

China Plans 50% Jump in Computing Power by 2025 Amid AI Rush
China Plans 50% Jump in Computing Power by 2025 Amid AI Rush

In order to meet the demands of the rapidly developing AI industry, Beijing also plans to improve computational infrastructure in western China

Blacklisted China Chip Giant SMIC Earned $1.5bn in US – WSJ
Blacklisted China Chip Giant SMIC Earned $1.5bn in US – WSJ

The Biden administration says its restrictions keep high-end technology out of the hands of SMIC but some lawmakers say the firm still has lofty ambitions

China’s New Nuclear Submarines Seen as Tougher to Detect
US Adds 42 Chinese Companies to Curbs List Over Russia Deals
China Exploiting Open Source RISC-V Chip Tech, Warn Senators
Schumer Demands ‘Level Playing Field’ For US Firms on China Trip
Police Arrest 6 More in Hong Kong JPEX Crypto Scandal – SCMP
US Set to Close Loopholes in Curbs on Chip Tools For China
Taiwan Looking at Tighter Rules on Key Tech Such as Chips

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