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Latest: Fintech News

Samsung to Expand Chip Production Even as Rivals Cut Back
Samsung to Expand Chip Production Even as Rivals Cut Back

Samsung's persistence with investment plans could help it take market share in memory chips and support its share price when demand recovers

Taiwan Reports Largest Chinese Air Force Incursion Yet
Taiwan Reports Largest Chinese Air Force Incursion Yet

Taiwan assessed China had staged the military "provocation" to express anger at a new US defence authorisation law

TSMC Considering Second Chip Plant in Japan, Lawmaker Says
TSMC Considering Second Chip Plant in Japan, Lawmaker Says

The Taiwanese company is already building a $8.6 billion chip facility in the country as part of efforts to diversify its production base

Tencent’s Pony Ma Lashes Managers at Year-End Meeting
TSMC in Talks To Build Chip Factory in Germany – Nikkei
ByteDance Staff Read Reporters’ TikTok Data to Track Leaks
Sanctioned Huawei Left With Zero Advanced Phone Chips – SCMP
TikTok Offers More Transparency to Avoid Being Banned by US
Bankman-Fried in US as FTX Associates Plead Guilty to Fraud
ASML’s Taiwan Expansion Signals Chip Sector’s Next Big Leap

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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