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Latest: Fintech News

TikTok’s $1.3bn EU Data Centres Plan to Dodge Bans – Wired
TikTok’s $1.3bn EU Data Centres Plan to Dodge Bans – Wired

Project Clover, a plan to build three new data hubs in the EU, still might not be enough to avoid a Brussels regularity crackdown, analysts have warned

Chip Plants, AI, Boeing Deals Agreed at US-Vietnam Meetings
Chip Plants, AI, Boeing Deals Agreed at US-Vietnam Meetings

Deals worth billions in a range of tech sectors were detailed at a business summit on Monday that coincided with President Joe Biden's trip to Hanoi

Seeking China Hedge, Top US Chip Firms to Join Biden in Vietnam
Seeking China Hedge, Top US Chip Firms to Join Biden in Vietnam

Senior executives from chipmakers including Intel, GlobalFoundries, Amkor and Marvell are expected to attend a business meeting on Monday in Hanoi

Modi-Biden ‘Affirm’ Tech, Defence Ties Ahead of India G20 Summit
India’s Reliance in Tech Tie-Up Talks Ahead of Chipmaking Move
Threat of More Chip Curbs Spurs Warnings on China Innovation
New Huawei Phone Made With ‘50% More Homegrown Chip Parts’
China’s Ban on iPhone Use Expands to Local and State Entities
Key US Lawmaker Wants End to Chip Exports to Huawei, SMIC
Toyota Japan Shutdown Down to Lack of Disk Space – Nikkei

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