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Latest: Fintech News

China Files Complaint Against US Microchip Curbs to WTO
China Files Complaint Against US Microchip Curbs to WTO

Commerce ministry filed a complaint to the World Trade Organisation on Monday, but US the dismissed the move, saying its actions relate to national security

China Seen Planning $143 Billion Push to Boost Local Chipmakers
China Seen Planning $143 Billion Push to Boost Local Chipmakers

China plans a massive package to support its computer chip sector and will reportedly outlay over $143 billion over five years

US Ropes in Japan, Netherlands to Tighten China Chip Curbs
US Ropes in Japan, Netherlands to Tighten China Chip Curbs

The Biden administration aims to cut China off from certain semiconductor chips made anywhere in the world using US equipment

US Eases Planned Curbs Against China Chips Over Cost Fears
Apple to Use TSMC’s US-Made Microchips, Says Tim Cook – CNBC
TSMC Not Leaving, Says Taiwan as Arizona Factory Fuels Worry
Foxconn Says Covid-Hit China iPhone Plant Back on Track
Sony Says it Can Make Humanoid Robots – if They Have a Role
TSMC More Than Triples Arizona Investment to $40 Billion
Australia Says Law Forcing Facebook, Google Pay for News Works

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