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Latest: Fintech News

Chinese Hackers ‘Spying on Critical US Services, Guam’
Chinese Hackers ‘Spying on Critical US Services, Guam’

Western intelligence agencies and Microsoft say a state-sponsored group had been assessing telecom, transport and other critical organisations in the US and on Guam in the Pacific

China’s Lenovo Logs Revenue Hit as PC Demand Crashes
China’s Lenovo Logs Revenue Hit as PC Demand Crashes

Global PC shipments across the industry dropped 29% from January to March with Lenovo forced to cut its workforce by more than 8%

South Korea Asks US to Review China Curbs in Chips Act Funding
South Korea Asks US to Review China Curbs in Chips Act Funding

South Korea's Samsung and SK Hynix, the world's top two makers of memory chips, have invested billions of dollars in chip factories in China

Russian PM Signs Economic Deals in Beijing as Ties Warm
Chinese Hackers ‘Targeted Kenya Ministries Amid Debt Strains’
China Warns Japan to Reverse its Ban on Chipmaking Gear
China’s Micron Ban Adds to Asian Chipmakers’ Investment Woes
China’s ChatGPT Rival Ernie Bot Dodges Covid, Xi Queries – NYP
China’s TikTok Sues Montana Over Statewide Ban
Global Watchdog Unveils Regulatory System For Crypto Sector

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