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Latest: Fintech News

India Snares First Chip Fab With Israel’s ISMC – Mint
India Snares First Chip Fab With Israel’s ISMC – Mint

Israel's ISMC will invest almost $3 billion in India's first semiconductor fabrication plant in Karnataka state, Mint reported.

Tech Crackdown Easing, Beijing to Boost China’s Economy
Tech Crackdown Easing, Beijing to Boost China’s Economy

Chinese tech stock surge, gaining faster than overall stock market as investors hope China's tech crackdown is easing.

China’s WeChat Set to Follow Weibo, Post Users’ Locations
China’s WeChat Set to Follow Weibo, Post Users’ Locations

WeChat said on Friday it will reveal users' locations when they post on the country's popular messaging service

US Firms Divided Over China Investment Curb in Chips Bill
China Set to Ease Tech Crackdown to Boost Economy – SCMP
US Says Thanks Taiwan, But Urges Greater Chip Output
Artificial Intelligence an ‘Existential’ Threat to China-US Ties – FP
Indonesia to Impose Crypto Taxes From May 1 – ABLJ
UK’s Arm Names China Co-CEOs in Bid to End Stand-Off
Musk Sells $4bn Tesla Shares After Twitter Bid – CNBC

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