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Latest: Fintech News

Crypto Groups Take Top Slots at Super Bowl – FT
Crypto Groups Take Top Slots at Super Bowl – FT

Media buyers rushed to book slots for the Los Angeles Rams’ victory over the Cincinnati Bengals, in contrast to a subdued event last year

China’s Foreign Inflows Rise 11.6% in January – Xinhua
China’s Foreign Inflows Rise 11.6% in January – Xinhua

FDI into the service industry amounted to 82.3 billion yuan last month, up 12.2% year on year, while inflows to high-tech industries surged 26.1%

TSMC Japan Chip Factory Plan Expanded As Denso Takes Stake
TSMC Japan Chip Factory Plan Expanded As Denso Takes Stake

Joint project with Sony will now cost $8.6bn and planned monthly production will increase from 45,000 to 55,000 12-inch wafers

RBI Deputy Governor In Favour of Crypto Ban – Mint
Foxconn Teams Up With Vedanta To Make Chips In India
AMD Buys Xilinx For $49.8bn In Biggest Ever Chip Firms Deal
Global Chip Sales Top 1tn in 2021, Set to Go Higher
American Companies That Failed in China
Toshiba Sets March Date for Initial Vote on Break-up Plan
DBS Profit Bounces Back, Seen Gaining as Rates Outlook Improves

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