fbpx

Type to search

Latest: Fintech News

China’s ByteDance to Spend $22 Billion on Tech in 2025 – SCMP
China’s ByteDance to Spend $22 Billion on Tech in 2025 – SCMP

Researchers say the TikTok owner's planned spending on computing power 'will drive progress' in China’s artificial intelligence industry

Chinese Hackers Stole Treasury Documents, US Officials Say
Chinese Hackers Stole Treasury Documents, US Officials Say

Chinese hackers gained access to a digital key that enabled them to gain access to Treasury documents, officials said on Monday

China Racing to Buy Key Chip Materials From US Suppliers – Nikkei
China Racing to Buy Key Chip Materials From US Suppliers – Nikkei

Chinese firms have stepped up their purchases of materials needed to make chips and electronics from US suppliers ahead of the new year

China Plunders Rare Earth Minerals as Myanmar’s Civil War Rages
Trump Asks US Supreme Court to Pause Law That Could Ban TikTok
China Urges Support for People in Need as Economy Slows
China’s Chipmaking Skills 10-15 Years Behind West: ASML CEO
Industries Shut Down as Iran’s Energy Crisis Gets Dire – NYT
China’s Industrial Profits Down 7% on Weak Demand in November
News Corp Sells Foxtel Cable TV Unit to DAZN for $2.1bn

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