March 21st, the U.S. stock market opened lower and closed lower overall, with all three major indices ending in decline. The Dow Jones fell 0.97%, the S&P 500 declined 1.51%, and the Nasdaq dropped 2.01%. Technology stocks performed poorly, with Super Micro Computer plunging over 33%. Cryptocurrency concept stocks also suffered setbacks, with multiple individual stocks declining.

Gate News Report: On March 20, the U.S. Department of Justice filed criminal charges against three individuals associated with Super Micro Computer, including the company's co-founder, for allegedly smuggling AI chips valued at $2.5 billion to China. The indictment states that these individuals illegally transported chip technology crucial to AI development to Chinese entities by circumventing export control measures. This case highlights ongoing tensions and regulatory challenges in the U.S.-China technology trade sector.