fbpx

Type to search

Latest: Fintech News

Intel Eyes $1 Billion Vietnam Chip Plant Investment Boost
Intel Eyes $1 Billion Vietnam Chip Plant Investment Boost

The US tech giant is weighing up expanding its chip testing and packaging plant in the Southeast Asian nation, sources claim

Chipmaker SMIC Warns of Weak 2023 on Slipping Tech Demand
Chipmaker SMIC Warns of Weak 2023 on Slipping Tech Demand

SMIC said it predicts revenue for the year ahead to "decline by low-teens percentage year-over-year” marking a break from previous continual growth

Alibaba, Tencent Race to Build ChatGPT Rivals – Nikkei
Alibaba, Tencent Race to Build ChatGPT Rivals – Nikkei

Baidu also said earlier this week it will soon finish internal testing for a ChatGPT alternative called 'Ernie Bot'

China to Set Up Blockchain Research Centre in Beijing – SCMP
Google AI Chatbot’s Factual Error in Ad Costs $100bn – Reuters
Foxconn in ‘Serious’ Talks to Invest in India’s Karnataka
Australia to Remove Chinese Surveillance Cameras at State Offices
China Android Phones Have 30 Data-Collecting Apps – Register
New System Needed to Regulate Big Tech in Finance, BIS Says
Japan May Opt for Milder Chip Curbs on China Than US: Lawmaker

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