fbpx

Type to search

Latest: Fintech News

China Telecoms to Fund ‘Rival’ $500m Undersea Cable to Asia
China Telecoms to Fund ‘Rival’ $500m Undersea Cable to Asia

The Europe-Middle East-Asia (EMA) cable project is part of the growing tech war with the United States, and aims to create a Chinese link that rivals a similar US-backed project

China Stages Military Drills Around Taiwan Over Tsai’s US Trip
China Stages Military Drills Around Taiwan Over Tsai’s US Trip

China is conducting military drills near Taiwan with warships and fighter jets, which flew in the Strait on Saturday to show Beijing's anger over Tsai's meeting with US Speaker Kevin McCarthy

Tesla Workers Shared Images Recorded by Customers’ Cars
Tesla Workers Shared Images Recorded by Customers’ Cars

Customer images from Tesla's self-driving software are assessed by data labellers, who identify objects and 'teach' the AI system in its EVs how to respond, but sometimes the images are revealing

‘Hello Mumbai’: Apple Reveals Look of First India Retail Store
US Speaker Meets Taiwan’s Tsai, Keen to Boost Arms Support
Taiwan’s Foxconn Posts Revenue Rise But Warns on Outlook
Twitter Blocks Accounts of Over 100 ‘Modi Critics’ – Guardian
EU Leaders Back in China, Eyeing Business and Ukraine
Samsung Quarterly Profit Set to Tank 92% Amid Chip Downturn
China Stalling Merger Reviews of US Chip Firms, Others – WSJ

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