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Latest: Fintech News

China Eyes Domestic Solution to US AI Chips Curbs – SCMP
China Eyes Domestic Solution to US AI Chips Curbs – SCMP

Chinese tech chiefs at the World Artificial Intelligence Conference in Shanghai are said to be looking at speeding up their own AI chip development programme

Samsung Admits US Data Breach Saw Customer Data Exposed
Samsung Admits US Data Breach Saw Customer Data Exposed

Korean tech conglomerate revealed an ‘unauthorised third party acquired information from some of Samsung's US systems'

India Offers $10bn to Lure Chipmakers to Set up Plants – FT
India Offers $10bn to Lure Chipmakers to Set up Plants – FT

Foreign investors are lining up to capitalise on the opportunity, with new plants planned in Tamil Nadu and Bangalore, the Financial Times said.

China Says Licences Needed for Mapping by ‘Smart Cars’
WhatsApp Banned 2.4 Million Indian Accounts in July
Taiwan President Hails ‘Democracy Chips’ Tie-Up With US
US Chip Ban Likely to Hit Most of China’s Tech Giants
US Orders Nvidia to Stop Sale of Advanced Chips to China
Japan to Change Floppy Disk Data Storage Rules – Nikkei
Alibaba, JD.com Among First Chinese Firms Facing US Audits

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