China is ending a 10-year consumption tax exemption on lithium batteries (2% from September, 4% from 2027) and solar cells. Sodium and solid-state stay exempt.
ASML's 45,000 employees will receive a one-time 20,000 share award that vests in 2030. Samsung, SK Hynix, and TSMC have made similar payouts this year.
SAP closed its acquisition of Prior Labs, maker of TabPFN, a foundation model for structured data. A EUR 1bn-plus bet on tabular AI and a rare European win.
Eoptolink, which makes the optical transceivers wiring AI data centres for Google and Amazon, filed for a Hong Kong listing of up to $5bn after 236% profit growth.
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