fbpx

Type to search

Latest: Fintech News

Qualcomm Rises on Surge in Demand for AI Chips in China
Qualcomm Rises on Surge in Demand for AI Chips in China

Qualcomm said China's Android market has started to pick up, with consumers shifting toward higher-priced devices that can accommodate AI chatbots

China Launches Sea Trials of Next-Gen Aircraft Carrier Fujian
China Launches Sea Trials of Next-Gen Aircraft Carrier Fujian

The trials are the final step before the advanced carrier is put into service by China's navy

Apple to Focus on China, Roll Out AI iPhones to Revive Sales
Apple to Focus on China, Roll Out AI iPhones to Revive Sales

iPhone sales, which make up about half of Apple's revenue, are seen dropping 10.4% in the first three months of 2024

TikTok Seen as Chinese Influence Tool by Most in US, Poll Finds
Australia Says Indian Spies Tried to Steal Defence Secrets – SMH
Microsoft Ramps up Cloud, AI, Data Centre Investment in SE Asia
Jailed Crypto Boss Zhao to be Free by Sept With Over $33 Billion
Huawei’s Comeback Continues as Quarterly Profit Leaps 564%
Drone Maker DJI Next Likely Target of US China Hawks – NYT
Samsung Profit Soars, Says AI Spurring Strong Chip Demand

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