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Latest: Fintech News

South Korea Asked Not to Fill Chip Gap if China Bans Micron
South Korea Asked Not to Fill Chip Gap if China Bans Micron

Washington has asked Seoul to encourage Samsung and SK Hynix to hold back from boosting China sales if Micron is banned as a result of an ongoing investigation

Apple MacBook Manufacturer Quanta to Build Vietnam Factory
Apple MacBook Manufacturer Quanta to Build Vietnam Factory

The move by the Taiwanese contractor is the latest by firms in Apple’s supply chain which sees them avoiding ties to China

ASML, Lam See Strong China Demand for Less Advanced Chips
ASML, Lam See Strong China Demand for Less Advanced Chips

Dutch lithography giant ASML and the California-based Lam Research say strong demand for less-advanced chips, like those used in EVs, show China will still be a key customer this year

US Has No Plan to ‘Decouple’ with China, Yellen Says
Huawei Replaces US-Sanctioned System That ‘Threatened Survival’
India Expects Apple to Triple Investment After Cook-Modi Meet
Seagate to Pay $300m Fine for 7m Hard Drives Sent to Huawei
China Focused on Global Tech Dominance, UK Spy Chief Warns
Surveillance Fear as China Restarts Work on Fifth Antarctic Base
TSMC Seeks up to $15 Billion in US CHIPS Act Subsidies

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