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Latest: Fintech News

Nvidia CEO Says US Export Curbs on AI Chips is ‘Flawed’ Policy
Nvidia CEO Says US Export Curbs on AI Chips is ‘Flawed’ Policy

Huang praised Trump's approach to AI and said by reversing US curbs, the president showed he understands US firms are not the only providers of such technology

Beijing Says Latest US Chip Warning Puts Trade Truce at Risk
Beijing Says Latest US Chip Warning Puts Trade Truce at Risk

A war of words on artificial intelligence chips is the latest complication in the frail trade truce reached at between negotiators from China and the US

Call For Graft Probe as Bangladesh Starts Satellite Internet Service
Call For Graft Probe as Bangladesh Starts Satellite Internet Service

Democrat Senators in the US have called for a probe into whether the Trump Administration is using trade talks with foreign governments to benefit Musk and his Starlink business

China Trims Key Rates to Lift Economy After Trade War Blows
China Battery Giant CATL Raises $4.6 Billion in Hong Kong Listing
Trump ‘Doesn’t Want’ Apple to Tie-Up With Alibaba AI in China
Nvidia to Build AI Supercomputer And New Office in Taiwan
China’s Industry, Retail Data, Air Freight to US All Edge Down
TransPacific Cargo Surges on US-China Tariffs Backdown
Trump Unveils Huge Chip Deals in Gulf After Rejig of Export Rules

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