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Latest: Fintech News

Germany Blocks Chip Firm Sale Due to Security Concerns
Germany Blocks Chip Firm Sale Due to Security Concerns

Chinese takeover would endanger public safety because of China's "deliberate, strategic approach to knowledge discovery and production control", German Economy Minister Robert Habeck said.

NTT, Kioxia to Back New Japanese Logic Chip Firm
NTT, Kioxia to Back New Japanese Logic Chip Firm

Major Japanese companies such as NTT and Kioxia have said they will invest in a new state-backed company that aims to mass-produce next-generation logic semiconductors

Crypto Markets Shaken After Binance Abandons FTX Bailout
Crypto Markets Shaken After Binance Abandons FTX Bailout

Cryptocurrency markets were hit hard again on Thursday, after Binance walked away from a bailout deal for its smaller rival exchange FTX.

Nintendo Shares Crash 7% on Switch Console Sales Forecast Cut
Germany May Block Chinese Takeover of Chip Factory – DW
TSMC Plans Advanced $12bn Chip Plant in Arizona – WSJ
Millions Face Mass Testing and Lockdown in China’s Guangzhou
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

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