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Latest: Fintech News

Paytm IPO Opens Today; Valuations Lofty, Say Analysts – Mint
Paytm IPO Opens Today; Valuations Lofty, Say Analysts – Mint

The Paytm IPO aims to raise $2.46 billion with shares price at $28-$29, valuing the company at close to $19 billion

Japan Plans To Subsidise Domestic Chip Output – Nikkei
Japan Plans To Subsidise Domestic Chip Output – Nikkei

Japan to set aside hundreds of billions of yen under a supplementary budget to create a pool of funds at NEDO, a state energy and industrial technology body

Samsung Won’t Hand Over Sensitive Data To US Chips Probe
Samsung Won’t Hand Over Sensitive Data To US Chips Probe

US government has asked chip-makers to share information about the supplies crisis that has hit auto, tech and white goods production worldwide

China Mobile Wins Nod for Shanghai Share Sale
Meet The Finfluencers: The TikTok Investment Gurus
US Chipmaker Qualcomm Posts Record Sales: WSJ
Ether Races To Record $4,600 High As Crypto Surge Continues
Tencent Touts New Semiconductor Advances
Dating Group Match Projects Lower Revenue
China To Boost Personal Data Protection In Fintech: PBOC

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