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Latest: Asia Stock Market News

Nvidia Feels ‘Perfectly Safe’ Relying Heavily on Taiwan Chips
Nvidia Feels ‘Perfectly Safe’ Relying Heavily on Taiwan Chips

"The process of diversifying in different geographies is an excellent strategy by TSMC and so TSMC is now part of Nvidia's diversity and redundancy strategy," chief Jensen Huang said

Foreigners Pulled $1.7 Billion Out of China Shares in May
Foreigners Pulled $1.7 Billion Out of China Shares in May

Refinitiv data shows foreigners sold $1.71 billion worth of mainland shares via Stock Connect in May, after selling $659 million in April

Singapore Tech Giant Sea Pulls Plug on Investment Arm
Singapore Tech Giant Sea Pulls Plug on Investment Arm

Sea Capital had invested in collapsed cryptocurrency exchange FTX and its parent had seen its market capitalisation fall to $32.54bn from over $200bn

US to Target Investment in China Chips, AI, Quantum Computing
Nikkei Gains on Bargain Buying, Hang Seng Dips on China Caution
China Venture Fundraising Set For Worst First Half in 8 Years
AI Poses Extinction Risk, as Bad as Nuclear War, AI CEOs Say
China Gives Elon Musk a Superstar Welcome, High-Level Access
Nikkei, Hang Seng Slump on China Recovery, US Debt Fears
China Manufacturing Slips Further in May, as Recovery Falters

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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