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Latest: Fintech News

Germany May Block Chinese Takeover of Chip Factory – DW
Germany May Block Chinese Takeover of Chip Factory – DW

Germany's Economy Minister wants to stop a Chinese investor taking over the Elmos microchip factory in Dortmund amid concern over the country's reliance on Beijing

TSMC Plans Advanced $12bn Chip Plant in Arizona – WSJ
TSMC Plans Advanced $12bn Chip Plant in Arizona – WSJ

The cutting-edge semiconductor plant will be capable of making advanced 3-nanometre computer chips, the Wall Street Journal said

Millions Face Mass Testing and Lockdown in China’s Guangzhou
Millions Face Mass Testing and Lockdown in China’s Guangzhou

Five of southern manufacturing hub's 11 districts – and more than half of its 19 million residents – have been affected by the order announced over social media on Wednesday

Crypto Sector Shaken by FTX Collapse, Binance Takeover
Cryptos Crumble as FTX Exchange Rumours Panic Traders
Report Says China Uses Software Flaws for Cyber Attacks – Register
China Opposes Taiwan’s $10m Lithuanian Chip Investment
China’s Super-Rich See Wealth Plunge as Economy Slows
Nvidia Offers New Chip to China That Meets US Limits
China Joint Ventures Aim to Control Tech Giants’ Assets – RFA

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