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Latest: Asia Stock Market News

TSMC Sees 60% Profit Jump on AI Chip Demand, But Fears Tariffs
TSMC Sees 60% Profit Jump on AI Chip Demand, But Fears Tariffs

World's top chipmaker says sales are roaring. The group has ramped up outlays on new factories, but tariffs on chips and Taiwan cloud its outlook

US to Ban Chinese Tech, Equipment in Undersea Telecom Cables
US to Ban Chinese Tech, Equipment in Undersea Telecom Cables

Federal Communications Commission says it wants to guard submarine cables against foreign adversary ownership and access, plus cyber and other threats

Beijing Says it Will Rein in EV Sector’s ‘Irrational’ Competition
Beijing Says it Will Rein in EV Sector’s ‘Irrational’ Competition

Ministers have vowed to promote high-quality development of the EV sector and comprehensive measures to cool the industry's "irrational competition"

Indonesia Pays High Price for US Trade Access, Faces 19% Tariffs
China Scrambles for Nvidia’s H20 Chips as Trump ‘Reverses’ Curbs
China’s Losses From Floods, Disasters in First Half: $7.6 Billion
Chinese Economy Slips in 2nd Quarter, But Exports Seen Falling
China’s BYD, Chery Tangled in $53 Million Improper Subsidy Case
China Firms Race Out Exports to Beat Trump’s Big Tariff Deadline
South Korea, India and EU Scramble to Avoid 20-30% US Tariffs

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AF Market Insights

Asia Financial Insights
Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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AF China Bond

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