fbpx

Type to search

Latest: Fintech News

China Chipmaker SMIC Posts Q2 Profit Fall But Beats Forecasts
China Chipmaker SMIC Posts Q2 Profit Fall But Beats Forecasts

SMIC lags behind rivals in its advanced chip production capabilities, which observers say could limit its ability to fully capitalise on the AI boom

Thai Industry Chiefs Call for Higher Tariffs on Chinese Imports
Thai Industry Chiefs Call for Higher Tariffs on Chinese Imports

The Federation of Thai Industries has warned that cheap Chinese imports are killing local manufacturers, with hundreds of firms forced to close every month in the first half

EVs And Hybrids Made up Half of China’s Car Sales in July
EVs And Hybrids Made up Half of China’s Car Sales in July

Over half of all vehicles sold in China last month were either new pure electric vehicles (EVs) or plug-in hybrids, industry data has revealed

China, Russia Looking at Barter Trade to Avoid Bank Scrutiny
Asian Stocks’ Foreign Inflows Slide; Trump, Tech Slump Blamed
Google ‘Monopoly’ Ruling Could Cost Apple $20 Billion
SK Hynix to Get up to $450m for Chip Plant, R&D Facility in US
Memory Breakthrough Could Slash AI Energy Use – LS
Rush to Buy Chips Lifts China’s Imports But Exports Softer in July
China Puts 18 Satellites in Orbit in Bid to Rival Starlink

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