fbpx

Type to search

Latest: Fintech News

US Chip Policy Upheaval Has Asian Chip Giants on Tenterhooks
US Chip Policy Upheaval Has Asian Chip Giants on Tenterhooks

TSMC and other chipmakers are watching Trump Administration moves closely amid reports the agency dispersing chip subsidies is set to be gutted by job cuts; Beijing says Taiwan is giving TSMC to the US like a 'souvenir'

Singapore Bank to Cut 4,000 Roles as Use of AI Rises – BBC
Singapore Bank to Cut 4,000 Roles as Use of AI Rises – BBC

Some 4,000 roles are expected to be cut over the next three years as AI takes on more work done by humans, a report by the BBC said, citing a bank spokesperson

China Tech Giants Lift Nvidia Chip Orders Amid Trump Curbs Talk
China Tech Giants Lift Nvidia Chip Orders Amid Trump Curbs Talk

Tencent, Alibaba and ByteDance have "significantly increased" orders of a Nvidia chip after AI startup's success, and speculation on tougher export curbs; Beijing says plan for tougher curbs will backfire

Shein’s Annual Profit Plunges by Nearly 40%, FT Says
All Eyes on Nvidia Chips Demand Amid Doubts on AI Outlays
China, Asian Markets Fall After Trump’s Latest China Curbs
Alibaba Shares Jump 14% as China Tech Stocks Hit a Hot Streak
Asia Stocks on Edge as Trump Vows Tariffs on Chips, Autos, Pharma
Xi Meet Prompts China Tech Stock Mood Change
Taiwan, White House Concerned on Potential TSMC Stake in Intel

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