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Latest: Asia Stock Market News

US Scraps Chipmakers’ Export Licences to Sell to China’s Huawei
US Scraps Chipmakers’ Export Licences to Sell to China’s Huawei

US revokes licences that gave chipmakers such as Intel and Qualcomm permission to sell chips to Huawei after China tech giant released an AI-enabled laptop last month

Apple Working With TSMC to Make its Own AI Chips: WSJ
Apple Working With TSMC to Make its Own AI Chips: WSJ

The server chip will likely focus on running AI models, also known as inference, rather than in training AI models, where Nvidia is dominant

Nikkei Leads Asian Stocks Higher, But Hang Seng Dips; FX Down
Nikkei Leads Asian Stocks Higher, But Hang Seng Dips; FX Down

The Nikkei jumped by 1.57% on Tuesday, while the Hang Seng dropped 0.5% as investors cashed in on the best performance in six years – a rise over 10 consecutive trading days

China’s Zeekr to Close $368 Million New York IPO Early
Asian Markets Lose $2.5 Billion as Outflows Continue in April
Cambodian Plan For China-Funded Mekong Canal Worries Hanoi
Warren Buffett Likens AI to the Atomic Bomb — Quartz
China’s BYD Welcome to Open an EV Factory in France: Minister
China Home Sales Plunge by Half During May Day Holiday
China Gains, Fed Cut Bets Lift Asian Shares to Highest in a Year

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