Eurozone bond yields slipped after inf came in below expectations; Germany 2-year Bund yield fell 1bp to 2.523%.

Panasonic plans to expand its AI business, targeting about JPY1.4 tln in AI infrastructure-related sales within three years and announcing roughly JPY500 bln of investment in the business over the next two fiscal years. The company raised planned job cuts to 12,000 (from 10,000) and expects JPY145 bln of savings by FY24. Panasonic’s shares have more than doubled YTD, lifting market value to a record JPY11.5 tln amid demand for AI infrastructure components including server electronic parts, circuit-board materials and batteries; the firm remains a major battery supplier to Tesla.

美光科技(MU.O)：與通用汽車(GM.N)簽署戰略客戶協議，以確保長期內存與存儲供應。該協議旨在爲通用汽車的車輛生產提供長期、可靠的內存與存儲平臺供應保障，並支持其規模化交付。