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Latest: Fintech News

China Steps up Checks on Nvidia AI Chips at Major Ports, FT Says
China Steps up Checks on Nvidia AI Chips at Major Ports, FT Says

Chinese customs officials were dispatched to key ports to conduct strict checks on semiconductor shipments, a new report says

India Launches Plan to Let Users Shop Online With ChatGPT
India Launches Plan to Let Users Shop Online With ChatGPT

The initiative will employ India's homegrown payments network UPI, which processes over 20 billion transactions every month

TSMC Sees 30% Revenue Rise in Third Quarter Amid AI Boom
TSMC Sees 30% Revenue Rise in Third Quarter Amid AI Boom

World's top chipmaker says its Q3 revenue was up 30% this year. This comes as OpenAI expands its cheap ChatGPT programme across Asia.

China Curbs Rare Earth Exports to Defence Firms, Chipmakers
UK PM Starmer in Delhi Seeking Quick Start to Free-Trade Deal
Underwater Drone Deal as Australia Ramps up Maritime Defences
China Bought $40bn Advanced Chip Tools Despite Curbs: US Lawmakers
Renewables Top Coal Power for First Time in First Half of 2025
AI Data Centres Spark Fears on Memory Storage Devices – TH
Nikkei Soars, Yen Sinks After Takaichi Picked as Japanese PM

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