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Latest: Fintech News

US Says ‘Won’t Tolerate’ China’s ‘Coercive’ Micron Chip Ban
US Says ‘Won’t Tolerate’ China’s ‘Coercive’ Micron Chip Ban

Commerce Secretary Gina Raimondo said the US "firmly opposes" the ban and that it is working closely with allies to address such "coercion"

Japan to Lead G7 Discussion on AI Regulation Next Week
Japan to Lead G7 Discussion on AI Regulation Next Week

Leaders of the G7 last week agreed to create an intergovernmental forum called the "Hiroshima AI process" to debate issues around fast-growing AI tools

China Says it Will Strengthen Chip Ties With South Korea
China Says it Will Strengthen Chip Ties With South Korea

South Korea is in the crosshairs of a tit-for-tat row between China and the United States over semiconductors

Patriotic Buyers Pump China Stocks Hit by US, Japan Sanctions
German News Site Reveals Tesla Autopilot Complaints – Jalopnik
US, China Ministers Hold ‘Candid’ Talks on Trade Concerns
Japan and US Agree to Cooperate on Advanced Technology
US Risks ‘Enormous Damage’ With China Chip War: Nvidia CEO – FT
Blackstone’s Lumina Talking to Tech Giants on Indian Data Centres
China’s $1.5trln Brokerage Sector Set For More Pain – SCMP

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