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Latest: Fintech News

US Plan to Ban Chinese Tech in Vehicles on American Roads
US Plan to Ban Chinese Tech in Vehicles on American Roads

Sources say the Commerce Dept is set to propose a ban on Chinese software and hardware in cars on US roads due to national security concerns

Patriotic Rush For Tri-Fold Huawei Phone Lulled By Slow Supply
Patriotic Rush For Tri-Fold Huawei Phone Lulled By Slow Supply

As many buyers leave Huawei stores disappointed, unable to buy the new tri-foldable Mate XT, some stores are selling the phone for more than $20,000

Lithium Battery Supply Chains Blighted by Labour Abuses – WA
Lithium Battery Supply Chains Blighted by Labour Abuses – WA

Researchers claim forced and child labor issues were found in 75% of lithium battery supply chains – most of them in China

US May Sanction China’s DRAM Chip Giants Next, Analyst Warns
Meta Deal with Brazilian Bank for Forestry Carbon Removal Credits
Nearly Half of Gen Z Wish TikTok Was Never Invented: US Poll
Microsoft, BlackRock Launch $30 Billion AI Supply Chain Fund
Stocks Cheer China Chipmaking ‘Breakthrough’ But Experts in Doubt
Hanoi Told Use of China Subsea Cable Firms May Hurt Investment
China Puts Property Freeze on US Firms Tied to Taiwan Weapons

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