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Latest: Fintech News

Tencent Revenue Disappoints, Gaming Blamed For Shortfall
Tencent Revenue Disappoints, Gaming Blamed For Shortfall

The world's largest video game company plans to double its share buybacks this year as it continues its post-Beijing crackdown recovery

Nuclear Fusion Summit in US Amid Race for Cash, China Rivalry
Nuclear Fusion Summit in US Amid Race for Cash, China Rivalry

Hundreds expected to attend conference in Washington DC, where researchers hope to attract more backing to avoid falling behind China in the quest to develop a commercially viable reactor

Apple CEO Cook in China, Meets Suppliers Amid Falling iPhone Sales
Apple CEO Cook in China, Meets Suppliers Amid Falling iPhone Sales

Apple is battling depressed smartphone sales in China and rising competition from resurgent domestic rivals like Huawei

US-China ‘Doomsday Scenario’ Unlikely: Nvidia’s Huang – Nikkei
Global Chip Sector ‘Can Never Return to its Pre-Covid Set-up’
BYD to Use Nvidia’s Next-Gen Chips to Elevate Self-Driving Tech
Huawei’s HarmonyOS Set to Overtake Apple iOS in China – Fortune
Large Korean Companies Getting Out of China – Business Korea
SpaceX Building Spy Satellite Network for US Reconnaissance
Tesla Win in India: Govt to Slash EV Import Tax if $500m Invested

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