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Latest: Fintech News

Apple to Use TSMC’s US-Made Microchips, Says Tim Cook – CNBC
Apple to Use TSMC’s US-Made Microchips, Says Tim Cook – CNBC

Taiwan's TSMC plans to be able to deliver the advanced chips used in Apple's Macs, iPhones and iPads from its new Arizona super-plant by 2024.

TSMC Not Leaving, Says Taiwan as Arizona Factory Fuels Worry
TSMC Not Leaving, Says Taiwan as Arizona Factory Fuels Worry

TSMC announced on Tuesday it would more than triple its planned investment at its Arizona plant to $40 billion

Foxconn Says Covid-Hit China iPhone Plant Back on Track
Foxconn Says Covid-Hit China iPhone Plant Back on Track

The Apple supplier sees its China factory returning to full output by late December after unrest broke out among workers over Covid curbs

Sony Says it Can Make Humanoid Robots – if They Have a Role
TSMC More Than Triples Arizona Investment to $40 Billion
Australia Says Law Forcing Facebook, Google Pay for News Works
US Moves to Drop Charges Against Huawei CFO Meng Wanzhou
Apple Revenue Forecast Cut as Covid Curbs Hit iPhone Output
Jack Ma Has Been Living in Tokyo for Six Months – FT
China Gambles on Graphene to Win the Global Microchip War

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