Traded ValueStorage/memory chip stocks slid hard yesterday. SanDisk dropped $104.30 to $1,372, Lumentum fell $117.07, and Micron lost $36.76. Google’s “TurboQuant” efficiency breakthrough spooked investors, fueling fears AI needs less memory
Google’s TurboQuant is an AI optimization framework unveiled yesterday. It compresses large language model memory requirements up to 84x by quantizing weights and using dynamic caching. Markets read it as reducing future DRAM/NAND demand in AI data centers, triggering the selloff in Micron, SanDisk, and peers.
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