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Latest: Fintech News

China’s Workers Hit by Tariffs as Factories Cut Hours, Pay
China’s Workers Hit by Tariffs as Factories Cut Hours, Pay

Workers in China's manufacturing centres are feeling the impact of tariffs imposed by the US to counter the country's huge industrial overcapacity.

Trump Lauds Intel CEO After Meeting Him, Call for Him to Resign
Trump Lauds Intel CEO After Meeting Him, Call for Him to Resign

Days after seeking his resignation, the US President ended up praising Tan and saying the meeting was "a very interesting one."

US and China Defer Tariff Surge, Extend Trade Truce For 90 Days
US and China Defer Tariff Surge, Extend Trade Truce For 90 Days

The Trump Administration and China's Commerce Ministry have extended their tariff truce till November 10, giving both sides greater time to discuss concerns about trade and other issues

SK Hynix Sees AI Driving 30% Annual Growth in Memory Chips
Political Uncertainty in Japan Clouding Rate Hikes, Budget
Nvidia, AMD ‘Agreed to Pay 15% of China Chip Revenue to US’
‘Conflicted’ Intel CEO Must Resign Over China Ties, Trump Says
Toyota Slashes Profit Forecast, Sees $9.5 Billion Tariff Hit
US Unveils 100% Tariff on Imported Chips But Key Firms Exempt
Chip And Pharma Tariffs to be Announced Next Week: Trump

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