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Latest: Fintech News

Tesla ‘Looking at Samsung’ To Make Its Next-Gen Self-Driving Chips
Tesla ‘Looking at Samsung’ To Make Its Next-Gen Self-Driving Chips

The American electric vehicle-maker has been in talks with the tech giant for much of this year, according to the Korea Economic Daily, over the breakthrough deal

Supply Chain Snarls Seen Costing Automakers $210bn This Year
Supply Chain Snarls Seen Costing Automakers $210bn This Year

It’s not just a shortage of chips that’s forcing companies to cut global production by 7.7 million units this year, new study finds

Xiaomi Funding Lifts Auto-Chip Firm Black Sesame’s Value To Near $2bn
Xiaomi Funding Lifts Auto-Chip Firm Black Sesame’s Value To Near $2bn

AI digital imaging technology firm’s cash boost a sign of how Beijing is focused on pushing the development of its domestic chip sector

Bitcoin Recovers After Evergrande Crisis Sparks Crypto Sell-Off
SoftBank Scores With $680m Funding Round For NFT Soccer Game Sorare
US Trade Official Emails Called India’s Mastercard Ban ‘Draconian’
South Korean Crypto Exchanges Told To Toe The Line Or Shut Down
Taiwan Chipmaking Giant TSMC Targets Net Zero Emissions By 2050
GM’s China Joint Venture Developing Its Own Auto Chips
New Laos Crypto Measure Seeks to Lure Miners Banned from China: FT

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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