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Latest: Fintech News

New CEO May Block Intel Split, TSMC’s Plan for JV to Run Fabs
New CEO May Block Intel Split, TSMC’s Plan for JV to Run Fabs

TSMC proposed setting up a firm with design giants like Nvidia to run Intel's chip fabs, but the US firm's new CEO has told employees he wouldn't split the group up

South Korea Keen to Sell Submarines to Canada, Paper Says
South Korea Keen to Sell Submarines to Canada, Paper Says

Korea offers quick delivery of submarines, tanks, missile systems, jets and howitzers, as tensions rise between Canada and the US, amid concerns over US weapons – and its president

Trade War Ramps up as Trump’s Steel and Aluminium Tariffs Start
Trade War Ramps up as Trump’s Steel and Aluminium Tariffs Start

The EU hits back, saying it will impose counter-tariffs on $28 billion worth of US goods from next month; China and US allies in the Asia-Pacific also not happy

Musk ‘May Cut Govt Waste For a Year’, Tesla Shares Plunge
Four US Groups Seeking to Buy TikTok, Trump Says
Toyota Unveils Bozhi 3X in China, a Cheap Advanced Smart EV
Trump Plan to Revive US Shipbuilding, Cut Chinese Grip on Sector
Vietnam, Thailand Among Asian Exporters at Risk of US Tariffs
TSMC’s $100bn US Deal: Taiwan Says It Won’t Share Top Chip Tech
Thousands in Limbo as Thailand Fights Scam Hubs on Two Fronts

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