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Latest: Fintech News

Volvo’s China Sales Slashed By Coronavirus Lockdowns
Volvo’s China Sales Slashed By Coronavirus Lockdowns

Volvo said production was down at the end of the first quarter due to a shortage of a specific semiconductor and warned that the supply problem would persist

Citizens Etch Shanghai Covid Lockdown Memories as NFTs
Citizens Etch Shanghai Covid Lockdown Memories as NFTs

Shanghai residents are turning to NFT marketplaces like the world's largest, OpenSea, where users can mint content and buy or sell it using cryptocurrencies

Private Equity Making Huge Push Into Crypto Assets
Private Equity Making Huge Push Into Crypto Assets

The first quarter figure is the largest quarterly sum ever and more than double the level seen in the same period a year ago, according to data from Pitchbook

China’s Tech Crackdown May Give it an Edge – The Diplomat
Taiwan Firms Struggle with Supply Chains As Demand Rises
China May Steal A March Over US in AI – Straits Times
India Snares First Chip Fab With Israel’s ISMC – Mint
Tech Crackdown Easing, Beijing to Boost China’s Economy
China’s WeChat Set to Follow Weibo, Post Users’ Locations
US Firms Divided Over China Investment Curb in Chips Bill

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