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Latest: Asia Stock Market News

China Ditching European Telecom Tech, EU Slow to Respond: FT
China Ditching European Telecom Tech, EU Slow to Respond: FT

European telecom tech suppliers Nokia and Ericsson are losing market share in China as it replaces critical infrastructure from the West

Samsung, SK Hynix Building ‘Stargate Korea’ Using Open AI
Samsung, SK Hynix Building ‘Stargate Korea’ Using Open AI

The chipmakers plan to set up two data centres in the country, and will also supply memory chips for the Stargate Project in the US

Taiwan Shoots Down US Push For 50-50 Chip Production Deal
Taiwan Shoots Down US Push For 50-50 Chip Production Deal

Cheng Li-chun, who is leading tariff talks with Washington, told reporters upon getting back to the island that she had not discussed the 50-50 idea suggested by the US during the talks.

Trump’s Tariffs Spurring a Rush for New Trade Agreements
Chinese EV Firms Invest More Abroad Than At Home For First Time
US Negotiating a Chips-For-Protection Deal With Taiwan: Lutnick
China’s Manufacturing Slump Drags on Amid US Trade Uncertainty
US Expands its Export Blacklist to Include Curbs on Subsidiaries
US Ponders Tariff to Cut ‘Over-Reliance on Top Chips From Taiwan’
EU Set to ‘Hit China With 20 Anti-Dumping Probes’ – SCMP

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Markets: 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