ECB executive board member Panetta said rising long-term yields must be taken into account when gradually recalibrating monetary policy.

At its earnings briefing, Sunlord Electronics said customer guidance from all power-supply buyers is optimistic and the company is preparing capacity expansion for next year. Dual-phase TLVR inductors entered mass shipments this year and deliveries jumped in Q3; four-phase TLVR is expected to begin mass production and shipments in H2 next year. With four-phase pricing higher than this year’s TLVR volumes, Sunlord expects AI-related inductor ASPs to rise and AI-related revenue to continue growing rapidly.

Shell CEO says replenishing inventories will take time.