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China Blocks Use of Foreign AI Chips in State Data Centres

Chinese regulators have banned the use of foreign chips in data centres supported by state funds, saying they must only use locally-made computer chips, sources say.

Asian Stocks Plunge After Wall Street Fall, Amid AI Valuation Fears
India’s Big Plans To Decarbonise Industries Struggle To Take Off

The AF 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