March 2 Tech News
- Micron Technology has opened a semiconductor assembly and testing plant in Gujarat, India, with a total investment of approximately $2.75 billion. The facility, covering over 500,000 square feet of cleanroom space, will be responsible for transforming DRAM and NAND wafers into finished chips, with production capacity expected to expand from tens of millions to hundreds of millions of units. The first batch of products has been delivered to Dell for use in India-manufactured laptops, a move aimed at enhancing India's position in the global AI-driven semiconductor ecosystem.
- Trump Media & Technology Group has accused companies such as Jane Street and Citadel of allegedly engaging in illegal short selling of its DJT stock and has sent a letter to Congress requesting an investigation into these firms' trading activities. The allegations involve naked short selling, but no formal court proceedings or regulatory confirmation of illegal activity has been made yet.
- The United Arab Emirates' Securities and Commodities Authority has announced that the Abu Dhabi Securities Exchange and the Dubai Financial Market will be closed on March 2-3, 2026. This regulatory decision, made in accordance with relevant laws and regulations, aims to address the impact of regional tensions in the Middle East, including potential shocks to financial infrastructure from conflicts involving Iran, the United States, and Israel.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments