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Latest: Fintech News

Vedanta Picks Modi’s State for $20bn India Chips Plant
Vedanta Picks Modi’s State for $20bn India Chips Plant

Vedanta won subsidies on expenditure and cheap power from western Gujarat state to build the computer chip mega-project, sources say

US to Ban Export of Chips, Chipmaking Tools to China
US to Ban Export of Chips, Chipmaking Tools to China

From next month US companies that export chipmaking equipment to Chinese factories that produce advanced chips with sub-14nn processes will require a government licence

China ‘Stolen Personal Data of 80% of Americans’ – The Hill
China ‘Stolen Personal Data of 80% of Americans’ – The Hill

Chinese hackers have been allowed to collect unprecedented amounts of information on US citizens, claimed writer Gordon G Chang

Sea Cuts Operations in South America, Gaming Staff in China
Overseas WeChat Users Warned All Data Sent to China – RFA
US Ban on Nvidia, AMD Chips Could Backfire, Analysts Say
Apple Playing With Fire Using Chinese Chips, Rubio Says – FT
India Must Regulate Internet Shutdowns, Say Tech Giants
US Tech Firms Banned From Building China Factories – BBC
Xi Plans China Technology Push as Tensions Rise With US

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