fbpx

Type to search

Latest: Fintech News

US Set to Sign Security Pacts With Palau and Micronesia
US Set to Sign Security Pacts With Palau and Micronesia

Palau and Micronesia will sign updated security agreements with the US over the next two days, while the Marshall Islands could also agree to do the same shortly, US envoy Joseph Yun said

China Will Still Get Big Investments From West, Scholz Says
China Will Still Get Big Investments From West, Scholz Says

G7 states want to limit 'risk exposure' to China but would still invest in supply supply chains there, German Chancellor Olaf Scholz said on Sunday; Quad leaders also met in Hiroshima

G7 Leaders Seek to ‘De-Risk, Not Decouple’ From China
G7 Leaders Seek to ‘De-Risk, Not Decouple’ From China

The G7 joint statement is not hostile and nothing in it should come as a surprise to China, given the concerns of G7 members are "well known" to Beijing, a US official said

India to Withdraw 2000-Rupee Notes Ahead of Elections
China’s Commerce Minister to Meet US Trade Chiefs Next Week
Micron to Spend $3.7bn to Bring EUV Chipmaking Tech to Japan
China’s Alibaba Approves Spinoff of Cloud Computing Business
China’s Hua Hong Edges Closer to Mega IPO As Chip War Heats Up
Amazon Cloud Unit to Spend $13 Billion in India by 2030
China Closes 100,000 ‘Fake News’ Accounts in Content Clean-Up

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