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Latest: Fintech News

Taiwan Expects $940 Million of New Chip Investment from US
Taiwan Expects $940 Million of New Chip Investment from US

Economy minister Wang Mei-hua said she received "great interest" from meetings with Cisco Systems Inc, NVIDIA Corp, Applied Materials Inc and Synopsys Inc.

ASML and Lam Research Pull US Engineers Out in China – SCMP
ASML and Lam Research Pull US Engineers Out in China – SCMP

ASML and Lam Research, two top chipmaking tool providers, have rushed to comply with US chip export curbs by "pulling American engineers out of their operations" in China

US to Reject ‘Untrustworthy’ New Huawei, ZTE Equipment
US to Reject ‘Untrustworthy’ New Huawei, ZTE Equipment

Senator endorses stance of Federal Communications Commission, saying it is necessary to protect US telecommunication networks and security

US Authorities Investigating Musk, Twitter Tells Court
Japan’s Sony And Honda Team up to Make Luxury EV
TSMC, Samsung Win Waivers; US Workers Ban Rocks China Firms
China Tipped to Boost Spending as Chip Race Heats Up
Applied Materials Chops Revenue Forecasts on China Curbs
Crypto exchange Blockchain.com Wins Singapore Licence
TikTok Owner Bytedance Makes New Share Buyback Offer to Staff

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