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Latest: Fintech News

TSMC Plans $2.9bn Advanced Chips Fab to Keep Up With AI Boom
TSMC Plans $2.9bn Advanced Chips Fab to Keep Up With AI Boom

The world's largest contract chipmaker said last week it was unable to fulfil customer demand driven by the surge in AI services

China Sending Enough Gear to Equip Russia’s Army – Politico
China Sending Enough Gear to Equip Russia’s Army – Politico

Chinese manufacturers are selling vast quantities of "non-lethal, but militarily useful equipment to Russia", such as drones, body armour and helmets, customs data shows

Japan Joins Chip Curbs on China, Despite Unease in Tokyo
Japan Joins Chip Curbs on China, Despite Unease in Tokyo

Officials in Tokyo fear retaliation from China over its move to restrict sales of advanced microchips, so coordination of moves is still being discussed with Washington

US and Vietnam to Hold Regular Economic Talks, Lift Tech Ties
Cool Reception for China Moves to Lift Sales of Cars, Electronics
Chip Giant TSMC Flags 10% Sales Dip on Weak Global Demand
North Korea Hackers Targeted Crypto in US Tech Firm Attack
Chinese Envoy Warns US: More Chip Bans and We’ll Hit Back
Chinese Carmakers Grab Half of Russia’s Auto Market
China Digital Yuan Transactions Surge to $249.33 Billion

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