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Latest: Fintech News

Microsoft, BlackRock Launch $30 Billion AI Supply Chain Fund
Microsoft, BlackRock Launch $30 Billion AI Supply Chain Fund

The tie-up will mobilise up to $100 billion in total investment potential, including debt financing, the firms said

Stocks Cheer China Chipmaking ‘Breakthrough’ But Experts in Doubt
Stocks Cheer China Chipmaking ‘Breakthrough’ But Experts in Doubt

Shares of Chinese chips firms were on a high on reports the country had developed chipmaking machines of its own, but experts doubt they are much of a 'breakthrough'

Hanoi Told Use of China Subsea Cable Firms May Hurt Investment
Hanoi Told Use of China Subsea Cable Firms May Hurt Investment

Vietnam has been warned that using a firm like HMN Technologies to build subsea cables could deter US companies from investing in the country, sources say

China Puts Property Freeze on US Firms Tied to Taiwan Weapons
Google Set to Label AI-Generated Images in Search – TC
Fears of Tech Warfare Intensify as Pagers Kill 12, Injure 3,000
Japan Nears China Chip Curbs Deal With ‘Bad Cop, Very Bad Cop’ US
Musk ‘Eroding Tesla EV Sales’, But do Bigger Things Lie Ahead?
CATL Bus Battery Can Clock Up 1.5 Million Kilometres – CNC
Flipkart, Amazon Accused of Unfair Samsung, Xiaomi India Tie-Ups

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