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  • Recent Aspects to Consider Regarding Legal Compliance (“Compliance”) and Other Related Matters | Haynes Boone

    Recent Aspects to Consider Regarding Legal Compliance (“Compliance”) and Other Related Matters | Haynes Boone

    The recent regulatory changes in Mexico require that companies immediately strengthen their internal controls and documentation processes. Priority areas of attention include: (i) the integration of materiality files for tax and foreign trade operations, (ii) the review of anti-money laundering policies and monitoring mechanisms and (iii) the preparation of protocols to respond to labor inspections regarding subcontracting. Companies that do not act in a timely manner face risks of intensified audits, suspension of operations and impacts to their operational continuity.

    In recent months, various provisions have come into force that modify the compliance standard expected of companies in Mexico. Now more than ever, management teams need to ensure that their legal and compliance departments are aware of these changes and take the appropriate measures.

    1. Tax Matters

    a) Audits to review CFDI’s considered invalid

    In recent years, various modifications have been approved, as well as judicial criteria issued that transform the way in which companies must document their operations. The issuance of the CFDI for the operations carried out by the company will not be sufficient by itself to prove the actual existence of the operation.

    In 2026, there is already a new type of domiciliary visit, with the purpose of verifying that the CFDIs support existing, true operations or real legal acts, when the authority presumes that such receipts were issued illegally. Thus, the risk requires undertaking preventive actions to address possible challenges. It is essential that taxpayers implement policies for the preservation and integration of materiality files for each operation and keep, in a complete and rigorous manner, all documents and information that effectively support their operations at their tax domicile.

    It is essential that taxpayers implement policies for the conservation and integration of the materiality files of each operation, and that they preserve all the documents and information that effectively prove their operations in their tax domicile.

    b) Audit programming and guidelines

    Recently, new audit programming criteria were announced, marking a clear focus on risk analysis to identify companies with inconsistencies, atypical operations or signs of simulation. This means that audits will be more precise and faster. Companies that do not have solid compliance processes will be exposed to these types of programs. Companies that do not strengthen their internal controls, do not integrate materiality files and do not review the consistency of their information run the risk of being classified as high-risk taxpayers and therefore potential subjects of audit processes.

    c) Guarantees for contested tax credits

    In 2026, the possibility of avoiding the guarantee of the tax credit when filing an appeal for revocation is eliminated. In addition, the regulation of the means of guarantee and their priority is substantially modified, forcing taxpayers in practice to immobilize resources from the beginning of the challenge. The new scheme requires first that the guarantee be granted through a deposit certificate.

    This means that taxpayers will have to freeze their own resources during the time the litigation lasts and until the means of defense is definitively resolved. Added to this is the reform to the Amparo Law, through which it is provided that the granting of the suspension will be discretionary and only when guaranteed with a deposit certificate or letter of credit. Any tax contingency not addressed in a timely manner can become a financial problem for any company

    d) Tax incentive/regularization

    The new tax incentive in force in 2026 constitutes an opportunity for companies to seek to regularize tax contingencies without the need to enter into more costly contentious procedures. Thus, regularizing now not only represents a reduction of these credits or debts, but also strengthens the company’s position before an authority that will operate with stricter risk criteria.

    2. Import and Exports

    The authority requires that the importer or exporter prove the materiality and traceability of operations, and must have an electronic file for each operation, which must contain, among others: a purchase-sale contract (not simply purchase orders), proof of payment and a list of employees with payroll CFDI. In practice, much of this documentation does not exist at the time of dispatch or is constantly modified due to the dynamism and complexity of operations.

    This involves an additional administrative burden for importers and exporters, as well as the risk of not having robust files to support each operation. Companies that do not strengthen their internal processes, do not integrate complete files and do not ensure the traceability of their operations, will be exposed to contingencies that may affect inventories, cash flow and operational continuity

    3. Anti-Money Laundering

    The reforms to the Anti-Money Laundering Law include: (i) the expansion of the concept of beneficial owner and greater control in its identification, (ii) the obligation to have automated mechanisms for permanent monitoring of operations, internal personnel selection procedures and training, and (iii) the obligation to carry out annual internal or external audits that certify compliance with obligations.

    The authority will have powers to temporarily suspend acts or operations when it detects noncompliance, which can paralyze essential activities and generate operational and reputational damage that is difficult to reverse. Anti-money laundering compliance now corresponds to a critical component of operational continuity. Companies that do not prepare will face risks that can directly affect their operational and compliance capacity.

    4. Labor: Inspection Protocol Regarding Subcontracting

    The authorities published a protocol in which they develop the points to consider and review in: (i) verification visits to the work centers of those who request their registration or are registered in the REPSE (ii) inspections at the work centers of contractors, beneficiaries and at any work center where specialized services are provided or a placement of workers takes place and (iii) ordinary and extraordinary inspections regarding general working conditions, safety and hygiene and training.

    Given the described panorama, we recommend scheduling a diagnostic session to evaluate the current state of your internal controls and identify priority compliance actions. We remain at your entire disposal for any questions or in case you require more detailed advice regarding any of the above points.

    [View source.]

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  • Measuring national technological trajectories using 200 years of international patent data

    Innovation underpins sustained long-run economic growth. From rapidly advancing artificial intelligence to green technologies, governments in developed countries seek to stay close to the technological frontier and avoid falling behind. But how can technological success be tracked? A central challenge is measurement. Comparing technological trends across countries over long periods is difficult. The standard macroeconomic proxy of total factor productivity (TFP) has many problems such as shifting production structures and data availability, especially over centuries (Bergeaud et al. 2016). And research and development (R&D) spending measures inputs to innovation, not outputs.

    Patent data, a direct record of inventive activity, is an attractive alternative. Yet patents also raise well-known issues. In particular, intellectual property offices differ across countries and over time, with a ‘home bias’ towards filing in an inventor’s own country (De Rassenfosse et al. 2013).

    In a recent paper (Bergeaud et al. 2026), we address these difficulties by shifting the focus away from patenting in one country and toward a country’s inventive performance across multiple foreign patent offices. This exploits the fact that an important invention will be filed not only in the country where the potential patent holder (the ‘assignee’) lives, but also in other jurisdictions where she wants intellectual property protection. Consider some examples. If American inventive activity truly surged in the early 20th century, this boom should be visible not only in the US Patent Office, but also in patent offices in countries like the UK, France, and Germany. Similarly, a sustained decline in British inventive strength should be evident not just to UK examiners, but also those overseas.

    To implement this idea, we extend the PatentCity database (Bergeaud and Verluise 2024) and construct a dataset covering domestic and foreign assignees between 1836 and 2016 across four major patent offices – in the US, UK, Germany, and France. We derive measures of innovative activity by country of origin and study their evolution over time. We call these patterns technological trajectories, defined as countries’ relative rates of innovation over time as revealed by international patenting trends.

    How have technological trajectories evolved?

    Several findings stand out. First, looking over the long-term, the American technological surge in the late 19th century following the second industrial revolution, and the acceleration after WWII, shows up simultaneously in the US Patent Office and in all three European patent offices. This broad-based rise suggests a genuine transformation in innovative capability rather than a purely domestic institutional shift. Germany also displays a strong twentieth-century technological expansion, consistent with the development of science-based industries.

    Japan’s rapid catch-up beginning in the 1960s is also visible, confirming its emergence as a leading innovative economy. More recently, China’s innovative presence has become increasingly evident internationally. A notable feature of China’s trajectory is its connection to manufacturing expansion – consistent with the idea that becoming a major industrial hub can support capability accumulation, learning-by-doing, and diffusion of production knowhow.

    We focus in more detail on innovation trajectories across 40 economies since 1960. We control statistically for permanent differences in patenting across countries, institutional changes in patent offices, home bias, population trends and other confounding influences. Figure 1 shows the results, where for example, the “DEU” bar indicates that Germany had about 200 more patents per year than the UK (the omitted baseline).  Other nations in this innovation ‘premier league’ including the US, Japan and South Korea. At the other end, a group of roughly a dozen countries, ranging from Norway to Bulgaria, followed markedly slower trajectories. Between these extremes lies a large middle group of countries such as Spain, Australia and Denmark whose technological performance broadly tracked those of Britain.

    Figure 1 Technological trajectories in the post-1960 period across multiple countries

    Note: These are the 1960-2016 technological trajectories of 40 countries (all relative to the UK). The vertical axis indicates the technological trajectory coefficients estimated as additional number of annual patents by the indicated country across multiple patent offices. The height of the bar is the point estimate, and the vertical bars are confidence intervals. For more details see Bergeaud et al. (2026).

    Technological trajectories and economic performance

    We matched our estimated technological trajectories with other economic data and documented that countries with stronger trajectories had significantly faster rates of TFP growth. Nonetheless, there remained plenty of differences between trajectories and different productivity measures, which is unsurprising as TFP reflects catch-up growth more than innovation at the technology frontier.

    We then asked what were the initial policy choices that drive our estimated technological trajectories? We documented that countries who started with (i) higher R&D intensities, (ii) a more educated workforce, and/or (iii) greater defence investments subsequently enjoyed faster technological trajectories over the next half-century. The importance of intellectual and human capital is consistent with modern growth theory (e.g. Aghion and Howitt 1992) and the importance of defence chimes with the many civilian spinoffs from military R&D (e.g. Moretti et al. 2025, Howell et al. 2025).

    Conclusions

    We detail a new way of measuring the trends in long-run technological capability of a country leveraging filings in multiple patent offices and compiled two centuries of patent data to document the rise and decline of technological leadership. These trajectories are not random manna from heaven, but rooted in social and political choices, and can be fostered through long-run investments in R&D, education, and national security.

    References

    Aghion, P and P Howitt (1992), “A model of growth through creative destruction”, Econometrica 60(2): 323–351.

    Bergeaud, A, R N Gozen, and J Van Reenen (2026), “Mapping Technological Trajectories: Evidence from Two Centuries of Patent Data”, CEPR Discussion Paper 21066.

    Bergeaud, A, G Cette and R Lecat (2016), “Productivity trends in advanced countries between 1890 and 2012”, Review of Income and Wealth 62(3): 420-444.

    Bergeaud, A and C Verluise (2024), “A new dataset to study a century of innovation in Europe and in the US”, Research Policy 53(1): 104903.

    De Rassenfosse, G, H Dernis, D Guellec, L Picci and B V P De La Potterie (2013), “The worldwide count of priority patents: A new indicator of inventive activity”, Research Policy 42(3): 720-737.

    Howell, S, J Rathje, J Van Reenen and J Wong (2025), “Opening up Military Innovation: Causal Effects of Reforms to US Defense Research”, Journal of Political Economy 113(11): 3605–3651

    Moretti, E, C Steinwender and J Van Reenen (2025), “The Intellectual Spoils of War: Defence R&D, Productivity and Spillovers”, Review of Economics and Statistics 107(1): 14–27.

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  • Volkswagen pushes into driver-assist EVs without Nvidia, exec says

    Volkswagen pushes into driver-assist EVs without Nvidia, exec says

    Volkswagen announced Friday, March 13, 2026, that it started production of its first all-electric SUV, the ID. UNYX 08, that uses Xpeng’s automotive chip.

    Volkswagen

    Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I'm seeing and hearing from local businesses.

    Today, I talk to Volkswagen China's chief technology officer about how they are pivoting away from engines. It starts with chips, obviously, but which company's?

    Enjoy!
    Any thoughts on today's newsletter? Share them with the team.

    The big story

    Volkswagen is preparing for a future driven by chips. And, at least in China, Nvidia isn't part of the picture.

    With advanced tech from local Chinese players, "for us, there is no reason to stick [to] Nvidia," Thomas Ulbrich, chief technology officer of Volkswagen Group China, told me last week. We chatted in his office, during one of his rare days at the German automaker's Beijing headquarters.

    Ulbrich spends most of the time in Hefei, an automotive hub just hours from Shanghai.

    That's where Volkswagen's factories are located, as well as its biggest research and development center outside of Germany. For semiconductors, the company has a joint venture with Chinese automotive chip company Horizon Robotics, and a partnership with electric car company Xpeng, which has developed its own "Turing" car chip.

    The Xpeng Turing chip is part of Volkswagen's first all-electric SUV, the ID. UNYX 08. Production began Friday in Hefei, with deliveries in China set to begin by the end of June. The vehicle comes with L2 advanced driver-assist, which means it can help drivers navigate highways and urban streets.

    That's a driver-assist feature Xpeng has already rolled out in China, while Tesla has yet to get Beijing's approval for its version.

    Having that specific expertise in driver-assist software is also why Ulbrich said Volkswagen is working with Xpeng chips, as well as Horizon.

    "Why does a customer buy a car?" Ulbrich said.

    "Ten years ago, it was brand, brand, brand," he said. "But nowadays it is intelligence of the car, mainly driven by smart EVs."

    In about two years, he expects Volkswagen cars in China to reach L3 capabilities, which will allow drivers to take their hands off the steering wheel under specific conditions. When regulators allow L3 to be used, liability for accidents is set to shift from driver to manufacturer.

    Meanwhile, Volkswagen's joint venture with Horizon, called Carizon, is developing its first advanced automotive chip, with expected delivery in three to five years.

    Nvidia has also bet that automotive chips will be a billion-dollar business. But segment growth has slowed in recent quarters, while the Chinese EV partners that once partnered with Nvidia have begun developing their own chips in-house.

    As for applications of artificial intelligence, Ulbrich said AI integration would happen faster in factories than in cars. He said Volkswagen is already incorporating some AI-powered functions in manufacturing.

    Ulbrich is also CEO of the Hefei R&D center, called the Volkswagen Group China Technology Company, a role he has held in China since April 2024. This is his third assignment to China, following earlier postings in the late 1990s and the 2010s.

    Getting up to China speed

    Volkswagen has become one of the most aggressive Western automakers trying to recoup China sales lost to domestic EV rivals.

    But pre-pandemic attempts were slow. At a spring auto show in 2019, Europe's biggest carmaker announced a new line of electric vehicles for China, beginning two years later.

    Chinese rivals were moving much faster. Xpeng revealed an electric coupe that customers could drive in about 12 months. BYD launched its Han electric sedan in July 2020 and was ramping up deliveries less than a month later.

    Now, after an overhaul of the China business that began in 2023, Volkswagen has slashed its production time and costs.

    "This is the year of delivery," said Ulbrich. He said in 2026 alone, Volkswagen plans to launch 20 new models powered by battery or hybrid solutions on the roads in China.

    The roadmap stretches to 2030, where Volkswagen aims to have 50 new models, including 30 fully electric ones. The cars will also be exported to other countries.

    In fact, this year marks Volkswagen's largest product campaign in China to date. The group management signaled their ambitions during an earnings report last week, despite a 53% drop in profit and an 8% drop in China passenger car sales.

    Ultimately, survival comes down to what attracts buyers.

    In China, consumers are highly digitally connected, Ulbrich said, citing the range of smartphone services. "The car has to fit into this world," he said, noting that's why automotive tech in China is ramping up so quickly.

    That means that, for companies, China is not just a training center but also a market for proving a product, Ulbrich said, hinting at global strategic advantages.

    Need to know

    China gets Iranian oil. Since the Iran war began, more than 11 million barrels of crude oil have passed through the Strait of Hormuz headed to China, CNBC has learned.

    OpenClaw craze. The lobster-themed AI agent is trending in China as companies rush to tap an opportunity to get locals to spend more on the technology.

    Exports climb. China's trade surplus rose to its highest on record in the combined January-February period, while exports massively beat expectations.

    China's economic momentum. Retail sales for the first two months of the year rose 2.8% from a year earlier. Industrial output climbed 6.3%, also exceeding expectations for a 5% jump.

    Coming up

    March 18: Tencent earnings

    March 19: Alibaba to release December quarter earnings. Horizon Robotics to report 2025 full-year results

    March 20: China releases benchmark lending rates. Xpeng to report 2025 fiscal year results

    Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

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  • Iran War Shows That Doubling Down on Fossil Fuels Is ‘Delusional,’ UN Climate Chief Says

    Iran War Shows That Doubling Down on Fossil Fuels Is ‘Delusional,’ UN Climate Chief Says

    The Iran war’s disruption to the global energy market should be a wake-up call for countries that continue to rely on fossil fuels, said United Nations climate chief Simon Stiell in a speech on Monday.

    Addressing a European audience at the Green Growth Summit in Brussels, the executive secretary of the U.N. Framework Convention on Climate Change warned strongly against fossil fuel dependence. He urged government leaders to speed up the renewable energy transition to ensure security and economic growth.

    “Climate cooperation is a cure for the chaos of this moment,” Stiell said, according to a transcript published online.

    The U.S.-Israeli war with Iran has cut off a fifth of the world’s oil supply, triggering global shortages and price spikes, with ongoing volatility. Describing the last few weeks as “yet another abject lesson,” Stiell said doubling down on fossil fuels is the wrong response.

    “This is completely delusional,” Stiell said. “History tells us, this fossil fuel crisis will happen again and again.”

    Instead, Stiell urged European leaders to adopt policies that boost renewable energy and climate resilience, citing economic and health benefits and insulation from global turmoil. He echoed arguments from some experts who say the war is making the case for renewable energy.

    Stiell also emphasized the financial costs of climate change, citing research showing that last summer’s climate extremes in Europe caused at least €43 billion in short-term economic losses. At the same time, fossil fuel companies continued to rake in taxpayer-funded subsidies around the world. 

    “Meek dependence on fossil fuel imports will leave Europe forever lurching from crisis to crisis, with households and industries literally paying the price,” he said. 

    Kate Logan, director of the China Climate Hub and Climate Diplomacy at the Asia Society Policy Institute, said the speech marked a shift for Stiell and the UNFCCC. 

    “The tone of the messaging here has a degree of urgency that’s unusual for the UNFCCC to come out with publicly,” said Logan, who attends the annual Conference of the Parties climate talks as an observer. 

    That change in tone is a testament to the gravity of the current global moment, Logan said. 

    “Even though they’ve long emphasized the energy security and economic growth benefits of renewables, we’re in a moment where we need to transition away from fossils and that’s clearer than ever,” she said. Referring to the 2015 climate treaty signed by nearly every country, she added: “They’re making the case in a way that’s much broader than just focusing on the Paris Agreement.”

    The U.S. and Israel’s war in Iran—launched without approval from Congress or the U.N. Security Council—has already killed more than 1,440 people in Iran, according to the country’s health ministry, and displaced more than 800,000 people in Lebanon amid a domino effect of counterstrikes. 

    Attacks on Iran’s desalination plants, which the U.S. denied responsibility for, jeopardize water access for millions in the region and violate international law, while further highlighting the risks of fossil-fuel dependence, experts say. The plants’ rely on oil and gas.

    Stiell’s comments were directed at a European audience, in the wake of several years of energy insecurity and volatility. But the war’s energy ramifications are spreading worldwide, particularly in countries most reliant on imported oil and gas. 

    Pakistani officials announced a two-week closure of schools and scaled back some government operations to save fuel. In India, the world’s second-largest importer of liquefied petroleum gas, a cooking gas shortage has strained households and businesses, prompting widespread protests. 

    Bangladesh and Myanmar reportedly implemented fuel rations. The Philippines announced a four-day workweek for some government offices in an attempt to reduce energy demand. 

    This story is funded by readers like you.

    Our nonprofit newsroom provides award-winning climate coverage free of charge and advertising. We rely on donations from readers like you to keep going. Please donate now to support our work.

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    The Strait of Hormuz is also a crucial shipping lane for fertilizer manufactured using fossil gas, and reports say governments in Africa are bracing for economic shocks to their agriculture sectors. 

    In his call to action, Stiell argued that renewable energy can provide nations energy security and stability during periods of conflict.

    “Sunlight doesn’t depend on narrow and vulnerable shipping straits,” he said. “Wind blows without massive taxpayer-funded naval escorts.”

    Kate Guy, a senior fellow with the Center on Global Energy Policy at Columbia University, said the Iran war demonstrates how countries can weaponize the flow or production of energy resources, particularly fossil fuels.

    An economy powered by clean energy wouldn’t eliminate supply-chain vulnerabilities in a conflict, such as production of critical minerals for renewables, Guy said. But such an economy is by nature more distributed, with fewer choke points than the global oil and gas market. 

    “Renewable energy, just by necessity, adds fewer of those leverage points,” Guy said.

    Stiell urged leaders to focus on the economic and societal benefits of reducing emissions, despite a “new world disorder where some major powers do as they please, unconstrained by economic logic or current alliances.”

    In 2025, President Donald Trump pulled the U.S. out of the Paris climate pact, a move that went into effect this year. Rachel Santarsiero, director of the National Security Archive’s Climate Change Transparency Project, which tracks the historical record of U.S. climate policy, said that line in Stiell’s speech seemed to point to the U.S.

    “We are, at least in the climate sense, definitely acting as a very rogue, isolationist entity,” Santarsiero said of the U.S. “If other nations kind of follow suit and just buck international environmental diplomacy and cooperation, I think we’re in for a pretty scary reality.” 

    About This Story

    Perhaps you noticed: This story, like all the news we publish, is free to read. That’s because Inside Climate News is a 501c3 nonprofit organization. We do not charge a subscription fee, lock our news behind a paywall, or clutter our website with ads. We make our news on climate and the environment freely available to you and anyone who wants it.

    That’s not all. We also share our news for free with scores of other media organizations around the country. Many of them can’t afford to do environmental journalism of their own. We’ve built bureaus from coast to coast to report local stories, collaborate with local newsrooms and co-publish articles so that this vital work is shared as widely as possible.

    Two of us launched ICN in 2007. Six years later we earned a Pulitzer Prize for National Reporting, and now we run the oldest and largest dedicated climate newsroom in the nation. We tell the story in all its complexity. We hold polluters accountable. We expose environmental injustice. We debunk misinformation. We scrutinize solutions and inspire action.

    Donations from readers like you fund every aspect of what we do. If you don’t already, will you support our ongoing work, our reporting on the biggest crisis facing our planet, and help us reach even more readers in more places?

    Please take a moment to make a tax-deductible donation. Every one of them makes a difference.

    Thank you,

    Keerti Gopal

    Keerti Gopal

    Reporter, Health and Justice

    Keerti Gopal covers intersections between climate change, public health and environmental justice at Inside Climate News. Previously, she covered climate activism and movement repression. She is a National Geographic Explorer and has received fellowships from Fulbright, the Solutions Journalism Network, The Lever, and the National Press Foundation.

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  • Micron in High-Volume Production of HBM4 Designed for NVIDIA Vera Rubin, PCIe Gen6 SSD and SOCAMM2

    Micron in High-Volume Production of HBM4 Designed for NVIDIA Vera Rubin, PCIe Gen6 SSD and SOCAMM2

    News highlights:

    • HBM4 36GB 12H in high-volume production, designed for NVIDIA® Vera Rubin — greater than 2.8 TB/s1 and with 20% better power efficiency2
    • Industry’s first PCIe® Gen6 SSD in high-volume production3 — the Micron 9650 data center SSD delivers up to two times the read performance of Gen5 at 100% higher performance per watt4 and optimized for agentic AI workloads on NVIDIA BlueField-4 STX architecture
    • 192GB SOCAMM2 in high-volume production — expanding low-power, high-capacity memory for AI and HPC workloads on the NVIDIA Vera Rubin platform, part of a broad portfolio of SOCAMM2 products spanning 48GB to 256GB capacities

    A Media Snippet accompanying this announcement is available by clicking on this link.

    SAN JOSE, Calif., March 16, 2026 (GLOBE NEWSWIRE) — GTC 2026 — AI-optimized memory and storage have become strategic assets driving system performance to enable AI workloads and infrastructure to deliver real-world value. Micron Technology, Inc. (Nasdaq: MU), has begun volume shipment of its HBM4 36GB 12H in the first quarter of calendar year 2026 and is designed for NVIDIA Vera Rubin. With HBM4, Micron achieves over 11 Gb/s pin speeds,5 enabling a bandwidth greater than 2.8 TB/s, representing a 2.3 times bandwidth and greater than 20% power efficiency2 improvement over its HBM3E.

    Looking towards further HBM cube capacity expansion, Micron has demonstrated advanced packaging capability of stacking 16 die of HBM by shipping samples of HBM4 48GB 16H to customers. This milestone delivers a 33% increase in capacity per HBM placement compared to the HBM4 36GB 12H offering.6

    “The next era of AI will be defined by tightly integrated platforms developed through joint engineering innovations across the ecosystem. Our close collaboration with NVIDIA ensures that compute and memory are designed to scale together from day one,” said Sumit Sadana, executive vice president and chief business officer at Micron Technology. “At the heart of this is Micron’s HBM4, the engine of AI, delivering unprecedented bandwidth, capacity and power efficiency. With HBM4 36GB 12H, alongside the industry’s first SOCAMM2 and Gen6 SSD now in high-volume production, Micron’s memory and storage form a core foundation that unlocks the full potential of next-generation AI.”

    Micron SOCAMM2 is designed for NVIDIA Vera Rubin NVL72 systems and standalone NVIDIA Vera CPU platforms, enabling up to 2TB of memory and 1.2 TB/s of bandwidth per CPU.

    Micron is the first company to mass-produce a PCIe Gen6 data center SSD.3 The Micron 9650 is optimized for energy efficiency and liquid-cooled environments, delivering high-speed, low-latency data access for AI training and inference workloads with the NVIDIA BlueField-4 STX reference architecture, supporting up to 28 GB/s sequential read throughput and 5.5 million random read IOPS. Micron 7600 and 9550 SSDs offer customers PCIe Gen5 SSDs, increasing their architectural design choices.

    Showcasing Micron innovation at NVIDIA GTC 2026

    At NVIDIA GTC 2026, Micron will showcase how its advanced memory and storage portfolio enables end-to-end AI acceleration from the data center to the edge. Attendees can find detailed information at the Micron booth, 1407.

    Additional resources:

    About Micron Technology, Inc.

    Micron Technology, Inc. is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

    © 2026 Micron Technology, Inc. All rights reserved. Information, products and/or specifications are subject to change without notice. Micron, the Micron logo and all other Micron trademarks are the property of Micron Technology, Inc. NVIDIA and the NVIDIA logo are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. All other trademarks are the property of their respective owners.

    Micron Product and Technology Communications Contact:
    Mengxi Liu Evensen
    +1 (408) 444-2276
    productandtechnology@micron.com

    Micron Investor Relations Contact:
    Satya Kumar
    +1 (408) 450-6199
    satyakumar@micron.com

    _____________________________________

    1 Comparing the bandwidth of HBM4 to the previous generation HBM3E with the same capacity and stack height (36GB 12H).
    2 Comparison of HBM power efficiency: (HBM4 12H vs. HBM3E 12H at 9.2 Gbps; workload pattern 60/30/10/75) [Internal power calculator tool].
    3 On February 12, 2026, Micron announced mass production of the 9650 SSD. At the time of blog publication, no other Gen6 SSDs from the top five OEM data center SSDs suppliers by revenue had announced mass production, according to the Forward Insights analyst report SSD Supplier Status Q4/25 (Nov 2025).
    4 For the Micron 9650 SSD performance results, see table 1 in the Micron 9650 SSD Product Brief.
    5 Based on internal Micron testing and confidential customer test vehicle validation.
    6 The 48GB cube provides a 33% increase in capacity per HBM placement when comparing the capacity of HBM4 36GB 12H to HBM4 48GB 16H.

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  • US Public Power Planning Key to Absorbing Data Center Load Growth – Fitch Ratings

    1. US Public Power Planning Key to Absorbing Data Center Load Growth  Fitch Ratings
    2. Fossil generation could rise with faster-than-expected growth in data center power demand  U.S. Energy Information Administration (EIA) (.gov)
    3. US power use to beat record highs in 2026 and 2027 as AI use surges, EIA says  Reuters
    4. Natural Gas is Rolling, but How Much More Can We Add to the US Grid?  Energy News Beat
    5. U.S. Electricity Generation Hits Record 4.43 TWh In 2025 As Power Demand Rises Across Sectors  SolarQuarter

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  • Stock market today: Live updates

    Stock market today: Live updates

    Traders works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City.

    Angela Weiss | Afp | Getty Images

    Stocks rose on Monday, while oil prices pulled back as Wall Street tried to recover from another losing week, with investors monitoring the latest developments of the Iran war.

    The Dow Jones Industrial Average added 478 points, or 1%. The S&P 500 rose 1.2%, and the Nasdaq Composite gained 1.5%.

    Meta shares gained more than 2% on a report — which the company has called “speculative” — that it is planning to lay off more than 20% of its workforce. Additionally, Nvidia shares rose more than 2% as its GTC conference kicked off Monday.

    The moves come after the S&P 500 notched its third losing week in a row and closed at its lowest level of the year on Friday.

    Oil prices rallied last week, with Brent crude settling above $100 per barrel for the first time since 2022. Crude soared as traffic in the Strait of Hormuz, a critical shipping route, has been effectively halted since the war began.

    In Monday trading, West Texas Intermediate crude traded 5% lower at $93 a barrel. It traded above $100 per barrel overnight. Brent crude fell 3% to around $100 a barrel.

    Oil prices declined after Treasury Secretary Scott Bessent told CNBC Monday that the U.S. is allowing Iranian oil tankers to pass through the Strait of Hormuz. Also aiding the move out of oil was a Wall Street Journal report stating that the U.S. will announce soon a coalition of countries to escort ships through the Strait, citing officials.

    However, President Donald Trump’s remarks to reporters midday Monday seemed to indicate that coalition wasn’t quite put together yet, as he encouraged other countries to get involved.

    Oil traded off its lows following his comments, but it was still lower on the session. Stocks were also off their highs. The Dow was up more than 600 points, or 1.3%, at its peak, while the S&P 500 and Nasdaq were up 1.4% and 1.6%, respectively.

    Trump ordered on Friday strikes on Iran military assets located on Kharg Island. While the attack didn’t impact oil infrastructure, Trump said the U.S. would consider hitting those structures if Iran continues to block the Strait.

    Trump also told NBC over the weekend that Iran wants to make a deal, but he is not ready yet.

    “The market really feels that Trump has the market’s interest, I think, in his mind long term,” said David Krakauer, vice president of portfolio management at Mercer Advisors. To be more specific, it “still is somewhat relying on thinking that he can end this if he really wants to if things start to get bad.”

    The stock sell-off has been relatively tame despite the geopolitical tensions. In fact, the S&P 500 remains just more than 4% below its all-time high set earlier this year.

    “There is uncertainty. Things change quickly,” Krakauer also said to CNBC. “In the fog of war, you sort of just stay put.”

    Monday’s bounce was overdue after weeks of pressure amid the Iran war. However, it was not accompanied by strong volume, something bulls typically want to see to show conviction behind the move. Trading on both the NYSE and Nasdaq were well below average during Monday’s session.

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  • Standardized, Individualized, or AI-Based Approach to Parenteral Nutrition in Neonatal Intensive Care Units: A Narrative Review

    Standardized, Individualized, or AI-Based Approach to Parenteral Nutrition in Neonatal Intensive Care Units: A Narrative Review

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  • Kering launches Kering Jewelry, Jean-Marc Duplaix appointed as its CEO

    Kering launches Kering Jewelry, Jean-Marc Duplaix appointed as its CEO

    Kering today announced the creation of Kering Jewelry, a new entity designed to structure and accelerate the growth of its Jewelry business. It will bring together the Houses Boucheron, Pomellato, Dodo, and Qeelin, as well as the Group’s industrial capabilities, including the Raselli Franco Group, which is currently being integrated and will play a central role within this structure thanks to its exceptional savoir-faire and cutting-edge technologies.

     

    Jean-Marc Duplaix has been appointed Chief Executive Officer of Kering Jewelry, effective immediately. The Chief Executive Officers of the Jewelry Houses will report to him, thus strengthening strategic alignment and operational coordination. He will retain his responsibilities as Group Chief Operating Officer, including finance, M&A, investor relations, real estate, digital, and the general secretariat.

     

    Kering Jewelry will operate as an integrated platform designed to support the growth of the Houses, building on their creative identities and the development of their iconic and High Jewelry collections. This structure will also enable the Group to capitalize on new opportunities in this category, including for its Fashion and Leather Goods Houses.

     

    Luca de Meo, Chief Executive Officer of Kering, said: “With Kering Jewelry, we are giving the Group a powerful and cohesive platform capable of supporting our Houses’ ambitions in an area of expertise where creativity and excellence are inseparable. I am delighted with the appointment of Jean-Marc: his experience will be instrumental in unlocking the Group’s full potential in Jewelry.”

     

    About Kering

     

    Kering is a global, family-led luxury group, home to people whose passion and expertise nurture creative Houses across couture and ready-to-wear, leather goods, jewelry, eyewear and beauty: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ginori 1735, as well as Kering Eyewear and Kering Beauté. Inspired by their creative heritage, Kering Houses design and craft exceptional products and experiences that reflect the Group’s commitment to excellence, sustainability and culture. This vision is expressed in our signature: Creativity is our Legacy. In 2025, Kering employed 44,000 people and generated revenue of €14.7 billion.

     

    Contacts

    Press
    Emilie Gargatte    +33 (0)1 45 64 61 20    emilie.gargatte@kering.com      
    Caroline Bruel        +33 (0)1 45 64 62 53    caroline.bruel-ext@kering.com   
            
    Analysts/investors
    Philippine de Schonen    +33 (0)6 13 45 68 39    philippine.deschonen@kering.com   
    Victoria Gerard    +33 (0)6 79 39 85 16    victoria.gerard@kering.com 

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  • Van Cleef & Arpels exhibits time-honoured pieces from its Heritage Collection at the Fine Art and Antique Fair TEFAF 2026

    Van Cleef & Arpels exhibits time-honoured pieces from its Heritage Collection at the Fine Art and Antique Fair TEFAF 2026

    Founded at Paris’ 22 Place Vendôme in 1906, Van Cleef & Arpels came into being following Estelle Arpels’ marriage to Alfred Van Cleef in 1895. Over the decades, the excellence and creativity of the High Jewellery and Watchmaking Maison established its reputation across the world. With a blend of inventiveness and poetry, Van Cleef & Arpels perpetuates a highly distinctive style that has produced numerous signatures: the Mystery Set technique, the Minaudière precious case, the transformable Zip necklace and the Alhambra motif. Its selection of gems that instil an emotion and the savoir-faire of its craftsmen have given birth to enchanting jewellery and watchmaking collections.

    Van Cleef & Arpels blends the excellence of its High Jewellery savoir-faire with great delicacy of vision to imbue the most precious materials with lightness and movement. Flowers, arabesques and feminine figures appear to come to life in three dimensions, while asymmetry bestows a subtle dynamism on certain pieces.

    Van Cleef & Arpels also encourages the spread of jewellery expertise throughout the world and the preservation of its traditional crafts by collaborating with such leading schools as l’École de Bijouterie Joaillerie de Paris, l’École Boulle and ESSEC’s Chaire Savoir-Faire d’Exception. These initiatives express the Maison’s ever-increasing involvement with younger generations, in order to foster High Jewellery skills and encourage their future development.

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