fbpx

Type to search

Latest: Fintech News

TSMC’s Tough Standards Could Hit Hunt for US Staff – Fortune
TSMC’s Tough Standards Could Hit Hunt for US Staff – Fortune

TSMC's workplace culture has come in for criticism by former workers, but the tech giant says hiring of staff for its new facilities in Arizona is on track

Israel Likely to Play Big Role in Reducing AI Risks: Altman
Israel Likely to Play Big Role in Reducing AI Risks: Altman

OpenAI CEO Sam Altman predicted Israel, a country ranked high for machine learning systems, will the right balance between innovation, human rights and civic safeguards

Vietnam Power Cuts Hit Samsung, Foxconn, Canon Factory Hubs
Vietnam Power Cuts Hit Samsung, Foxconn, Canon Factory Hubs

Industrial parks in the north of the country have been affected by rolling electricity blackouts threatening to deepen its economic slump

Foxconn’s May Sales Down 9.5% On-Year Amid Phone Weakness
Japan Watchdog Warns ChatGPT-Maker OpenAI on Data Privacy
Biden Urged to Hit Back at China Over Micron Ban, Rally Allies
Over 100 Chinese Cities Battling to Repay Their Debts: Rhodium
BRICS Looking to Counter Sanctions With Alternative Currencies
AI Boom Fuels Record Weekly Inflow For Tech Stocks: BofA
AI Chip Gold Rush Pumps Up SoftBank Shares Ahead of Arm IPO

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