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Latest: Fintech News

Chip Giant TSMC to Hire 6,000 Engineers in 2023
Chip Giant TSMC to Hire 6,000 Engineers in 2023

The world's largest contract chipmaker is diversifying and has new plants planned in the US, Japan, and possibly in Germany.

US Looking to Ban Some Investment in Adversarial Nations – WSJ
US Looking to Ban Some Investment in Adversarial Nations – WSJ

New US rules are expected to cover private-equity and venture-capital investments in advanced semiconductors, supercomputing and some forms of artificial intelligence

Nvidia’s Plan for Sales to Huawei at Risk if US Extends Curbs
Nvidia’s Plan for Sales to Huawei at Risk if US Extends Curbs

Expanding tech curbs on the Chinese tech giant could have a major economic impact on Nvidia, a draft US government notice has said

AI Stocks Jump on Upbeat C3.ai Forecast, ChatGPT Boom
Chip Executives Replace Pony Ma, Jack Ma at Key China Meet
SoftBank to List Arm in New York, Despite British Appeals
Apple Supplier Foxconn Speeds up India Expansion in China Shift
US Adds 28 Chinese Firms, 10 Others to Trade Blacklist
China’s Low-Earth Satellites Push in Starlink Catch-Up Bid
China Tech Fighting Over AI Talent in ChatGPT Chase – SCMP

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