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Latest: Fintech News

AMD Buys Xilinx For $49.8bn In Biggest Ever Chip Firms Deal
AMD Buys Xilinx For $49.8bn In Biggest Ever Chip Firms Deal

Semiconductor designer Advanced Micro Devices’ purchase of Xilinx comes after Nvidia Corp abandoned plans to buy SoftBank-owned Arm Ltd

Global Chip Sales Top 1tn in 2021, Set to Go Higher
Global Chip Sales Top 1tn in 2021, Set to Go Higher

Some 1.15 trillion computer chips were sold, with 34% growth in auto-grade chips that can withstand heat and other challenges. Industry body expects 8.8% growth in 2022

American Companies That Failed in China
American Companies That Failed in China

China's been something of a graveyard for American companies. Its victims include Amazon, eBay, and Uber.

Toshiba Sets March Date for Initial Vote on Break-up Plan
DBS Profit Bounces Back, Seen Gaining as Rates Outlook Improves
Indian Crypto Exchanges Report Jump in New Investors – BL
Singapore, Hong Kong Vie for Billionaires’ Business – Caixin
Young Crypto Whiz ‘SBF’ Backs Regulatory Oversight
Chinese Company Denies Alleged IP Infringement of ASML
Cisco Made $20 Billion+ Takeover Offer For Splunk – 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