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Latest: Fintech News

US Cuts China Chip Firm From ‘Military Ties’ List After Lawsuit
US Cuts China Chip Firm From ‘Military Ties’ List After Lawsuit

Shares of the company— Advanced Micro-Fabrication Equipment (AMEC) — jumped 4.35% after its removal from the list

Taiwan in Talks With Amazon’s Kuiper For Satellite Internet
Taiwan in Talks With Amazon’s Kuiper For Satellite Internet

Taipei is looking to build communications resilience to prepare for the possibility of a Chinese invasion, similar to Ukraine's use of Starlink satellite broadband service

US Looking to Ban Sales of China’s TP-Link Routers: Report
US Looking to Ban Sales of China’s TP-Link Routers: Report

Scrutiny on TP-Link comes at a time when American officials are investigating a sweeping ‘cyber-espionage’ campaign carried out by a Chinese hacking group dubbed Salt Typhoon

Trump Says He Has ‘A Warm Spot’ For TikTok, Meets CEO – CNBC
OpenAI Whistleblower’s Death Ruled a Suicide – The Wrap
Legal Experts Uncertain Whether the US Can Extradite Adani
China ‘Keen For Talks on Trade Deal to Reduce Tariffs Threat’
Samsung Claims Indian Officials Acted Unlawfully in Probe
Kraken Crypto Exchange Operator Hit With $5m Fine in Australia
Taiwanese Officials in US For Talks With Trump’s Team: Sources

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