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Latest: Fintech News

US Set to Put China Chipmaker YMTC on Blacklist
US Set to Put China Chipmaker YMTC on Blacklist

YMTC is likely to be added to the US Commerce Department's 'Entity List', which bars American firms from selling technology to companies unless they get an export licence, sources have said

US Fears China Flooding Global Market With Older Chips
US Fears China Flooding Global Market With Older Chips

With China’s tech industry under pressure, Washington is worried Beijing may turn to a tactic it used in the solar panel and 5G telecom industries

SoftBank’s Arm Cannot Sell Cutting-Edge Chip Designs to China
SoftBank’s Arm Cannot Sell Cutting-Edge Chip Designs to China

The development means that Chinese tech giant Alibaba will not be able to buy Arm’s latest Neoverse V series, as its advanced capacity is blocked by US and UK export controls

US Chipmakers Selling Advanced Chips to China: ASML Chief
US Lawmakers Announce Bill to Ban China’s TikTok ‘For Good’
Apple’s Japan Supply Chain Investment Now $100bn, Says Cook
Overtaking Shakira: China’s Media Rules Facebook’s News
FTX CEO Bankman-Fried Charged With Fraud Post Arrest – Reuters
China Files Complaint Against US Microchip Curbs to WTO
China Seen Planning $143 Billion Push to Boost Local Chipmakers

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