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Latest: Fintech News

Practical Use Of Quantum Computers 20 Years Away: Nvidia Chief
Practical Use Of Quantum Computers 20 Years Away: Nvidia Chief

Huang’s statements triggered an $8 billion meltdown in the four biggest quantum computing shares in the US

Biden’s Final Fling: Curbs on US-Made AI Chips, Russia Sanctions
Biden’s Final Fling: Curbs on US-Made AI Chips, Russia Sanctions

Outgoing president to impose new rules on AI chips to prevent US companies like Nvidia supporting technological development in China and other 'adversaries.'

Deflation Risk in China as Weak Demand Hits Consumer Prices
Deflation Risk in China as Weak Demand Hits Consumer Prices

Official data on Thursday showed factory-gate prices falling for a second straight year in 2024, while consumer prices only rose marginally

Trump May Declare National Economic Crisis For New Tariffs: CNN
Meta Ditches Fact Checking in US Ahead of Trump Taking Office
Can Musk’s Ties With Trump Overcome US Military Ban on CATL?
Tencent and CATL Shares Sink After Listing by US Defence Dept
Tesla Begins Making Battery Megapacks in Shanghai
Australian Law Seeks to Curb Multinational Tax Avoidance – ABC
Millions of China’s State Workers Get Pay Rise to Lift Economy

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