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Latest: Fintech News

Taiwan Chipmaker TSMC’s Shares Rise on Second Quarter Profit
Taiwan Chipmaker TSMC’s Shares Rise on Second Quarter Profit

TSMC, a key Apple supplier and the world's largest contract chipmaker, said profit soared by 76% in the April-June period, to T$237 billion ($7.9 billion)

Taiwan Likely to Fine Foxconn for Funding China Chipmaker
Taiwan Likely to Fine Foxconn for Funding China Chipmaker

Taiwan is weighing a fine of up to T$25 million ($835,600) on Foxconn for funding struggling Chinese chip conglomerate Tsinghua Unigroup without government approval

Shares of Japanese Car and Chipmakers Surge as Yen Dips
Shares of Japanese Car and Chipmakers Surge as Yen Dips

Analysts said the yen's tumbling value against the dollar caused share price boosts for automakers and microchip producers

Taiwan Says Foxconn Needs Approval for China Chip Firm Stake
Key Tesla AI Executive Leaves Firm Without Stating Reason
Crypto Crash Casualty Celsius Files for Bankruptcy
Crypto Crash Fund Three Arrows’ Founders ‘Go Missing’
Hong Kong Metaverse Pioneer Animoca Raises $75m
TikTok Says Australian Data Can Be Accessed in China
Securities, Banking Regulators Issue Guidelines for Stablecoins

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