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Latest: Fintech News

New US Export Rules Seek to Contain China’s Chip Sector
New US Export Rules Seek to Contain China’s Chip Sector

The chip export control moves could amount to the biggest shift in US policy toward shipping technology to China since the 1990s

US Chip Ban Could Hurt Korean Chip Fabs in China – CNA
US Chip Ban Could Hurt Korean Chip Fabs in China – CNA

New US restrictions on computer chips and chipmaking equipment to China could hurt Chinese foundries set up by South Korean chipmakers, a report says

China’s Chip Industry Faces Deep Pain From US Curbs – FT
China’s Chip Industry Faces Deep Pain From US Curbs – FT

China's chipmaking sector and many others dependent on advanced US tech are likely to be hit hard by export controls announced by Washington last Friday, the FT says.

Shares of China Chip, Tech Firms Sink on US Export Curbs
China Warns US Chip Tech Export Curbs Will ‘Backfire’
Crypto Hackers Steal $100m in Binance Tokens
Malaysia Turns to Tech to Solve Palm Fruit Labour Shortage
China Drone Maker, Genomics Firm, Others Added to US Blacklist
South Korean Chipmakers Seen Avoiding US Chip Crackdown
The China Tech Giants Chasing $8 Trillion of Metaverse Gold

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