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Latest: Fintech News

China Tech Giants ‘Ordered $16 Billion of New Nvidia Chips’
China Tech Giants ‘Ordered $16 Billion of New Nvidia Chips’

The orders for Nvidia's H20 chip - the most advanced semiconductor the group is permitted to sell to China – came in the first three months of this year, a report by The Information said

Trump Fan May Join Bid For TikTok After White House ‘Invite’
Trump Fan May Join Bid For TikTok After White House ‘Invite’

US venture capital firm is the latest investor 'keen to back' the bid by Oracle and partners for TikTok, but there's doubt on whether a sale can be agreed by Saturday

Tokyo, Seoul Deny China Claim of Joint Response to US Tariffs
Tokyo, Seoul Deny China Claim of Joint Response to US Tariffs

Japan and South Korea reject claim by a Chinese state media outlet that the three countries will issue a joint declaration after Trump's 'reciprocal tariffs' are announced on Wednesday

Asian Markets Crash as Trump Vows Tariffs Against Every Country
China, Japan, South Korea Boost Trade Ties, as US Tariffs Loom
Chinese Builder Linked to Bangkok Tower Collapse Under Scrutiny
Xi Calls on Foreign CEOs to Help Protect Supply Chains
China Bats Away Trump Offer of Tariffs Reduction For TikTok Deal
Carmakers Shares Tumble After Trump Announces 25% Auto Tariff
China to Be Top Buyer of Chip Tools Despite Steep Cut in Spending

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