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Latest: Fintech News

Nvidia, AMD ‘Agreed to Pay 15% of China Chip Revenue to US’
Nvidia, AMD ‘Agreed to Pay 15% of China Chip Revenue to US’

US official says Nvidia and AMD will provide a share of revenue to the government in return for licences to sell advanced chips to China; the deal comes amid a push by Beijing for HBM chips

‘Conflicted’ Intel CEO Must Resign Over China Ties, Trump Says
‘Conflicted’ Intel CEO Must Resign Over China Ties, Trump Says

Lip-Bu Tan targeted over investments and a scandal at his former firm Cadence, found to have sold chip design products to proxies for a military university in China believed to be simulating nuclear explosions

Toyota Slashes Profit Forecast, Sees $9.5 Billion Tariff Hit
Toyota Slashes Profit Forecast, Sees $9.5 Billion Tariff Hit

The Japanese car giant's warning is the highest estimate yet of the negative impact that Trump's tariffs will have on a company

US Unveils 100% Tariff on Imported Chips But Key Firms Exempt
Chip And Pharma Tariffs to be Announced Next Week: Trump
Three Detained in Taiwan For Alleged Theft of TSMC Chip Secrets
Japanese Shipbuilder Wins $6.5 Billion Warship Deal With Australia
Chinese Solar Firms Shed 87,000 Workers, And More Will Go
Japan Debates How to Handle Rushed Tariff Deal With US
Tesla Sales of EVs Made in China Fall by 8.4% in July

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