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Latest: Fintech News

TSMC Ends Dealings With Firm Seen as Proxy Buyer For Huawei
TSMC Ends Dealings With Firm Seen as Proxy Buyer For Huawei

Chipmaker suspends deals with firm seen buying chips on behalf of Huawei after it was told the tech giant's Ascend 910B had a TSMC chip in its AI accelerator

Chinese Media Cut Reports on ‘3nm Chip Designed by Xiaomi’
Chinese Media Cut Reports on ‘3nm Chip Designed by Xiaomi’

Reports that Chinese tech company Xiaomi had designed a 3-nanometre chip were quickly deleted by state media, Hong Kong's top English news outlet said

Chinese Exchange Hits Evergrande Unit, Bosses With Sanctions
Chinese Exchange Hits Evergrande Unit, Bosses With Sanctions

Shenzhen Stock Exchange imposed bans on Hengda Real Estate and founder Hui Ka Yan, plus other senior executives late last month, liquidators said on Tuesday

US Sets New Rules to Block China, Rivals’ Access to US Data
99% of Players in AI ‘Bubble’ Will go Bust: Baidu CEO – Register
Cyberattack on The World’s Largest Internet Archive – WaPo
TSMC Says It Obeys Export Controls as US Probes Links to Huawei
Toyota Displays Hydrogen Fuel Cartridges for EVs, Homes
TSMC’s Upbeat Outlook Could Spur Return to Trillion-Dollar Cap
‘Error’ Sees ASML Lose Crown as Europe’s Most Valued Tech Firm

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