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Latest: Fintech News

Samsung to Triple Microchip Production Due to Soaring Demand
Samsung to Triple Microchip Production Due to Soaring Demand

The South Korean firm plans to ramp up manufacturing of its advanced chips used for artificial intelligence, 5G, and high-performance computing over the next five years

US Seen Blocking More Chip Exports From China’s Military
US Seen Blocking More Chip Exports From China’s Military

The US is expected to announce new moves this week to stop Chinese firms gaining access to chips enabling high-performance computing.

Apple’s Office in Seoul Raided by Korean Regulators – CNet
Apple’s Office in Seoul Raided by Korean Regulators – CNet

Investigators from South Korea's Fair Trade Commission raided Apple's office in Seoul last week to look into claims the tech giant charged developers excessive App Store fees

China’s Xiaomi to Protect Interests After Assets Freeze in India
Experts Unimpressed With Tesla’s Humanoid Robots – AP
China’s JD.com Founder Liu Settles US Rape Civil Claim
Australian Government Blames Phone Giant for Huge Data Hack
Tencent Seen Aiming at Majority Stakes in Foreign Gaming Firms
Details on AI Chip Export Ban May Come Soon, US Official Says
US Leads Chip Supply Chain Meeting With Taiwan, Asian Allies

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