Micron Technology Inc. has officially opened its semiconductor assembly and test facility in Sanand, Gujarat, with a $2.75 billion investment from Micron and Indian government partners, marking a pivotal moment in India's semiconductor production journey. The facility aims to assemble and test tens of millions of chips by 2026 and is expected to contribute to a significant output increase in the coming years. Meanwhile, Micron's stock has surged by 348% over the past year, driven by unprecedented demand for high-bandwidth memory linked to AI infrastructure, cementing its position as a key player in the tech industry.