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Latest: Fintech News

Ant IPO Unlikely in the Short Term, Chinese State Media Says
Ant IPO Unlikely in the Short Term, Chinese State Media Says

Once an illustrious Chinese technology giant, Ant is emerging from a near three-year-long regulatory crackdown that started with the shelving of its planned mega listing in 2020

AMD to Build Massive $400 Million Chip Design Centre in India
AMD to Build Massive $400 Million Chip Design Centre in India

The 500,000-square-foot campus, set to be built in the tech hub of Bengaluru, will be the US chipmaker's largest in the world

Stagnant Demand, China Woes Temper Waning Chip Glut Cheer
Stagnant Demand, China Woes Temper Waning Chip Glut Cheer

The unprecedented oversupply of commodity chips has lingered since last year, and added to woes of an industry that was battling a Covid-induced shortage until the first half of 2022

China Deflation Risks Deepen as Sharp Pay Cuts Hit Consumption
Samsung to Follow Through With Cuts Despite Chip Recovery
South Koreans Claim Superconductor Breakthrough – Register
India Sees Foxconn, Micron Helping it Rival Chip King Taiwan
US Senate Passes Weaker Bill on China Tech Investments Scrutiny
TSMC Plans $2.9bn Advanced Chips Fab to Keep Up With AI Boom
China Sending Enough Gear to Equip Russia’s Army – Politico

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