US memory chip stocks lost ~$100B in market value this week, led by Micron's 15% drop, after Google Research detailed its TurboQuant compression algorithm (Financial Times)

Financial Times:
US memory chip stocks lost ~$100B in market value this week, led by Micron's 15% drop, after Google Research detailed its TurboQuant compression algorithm  —  New research suggests AI data centres will need much less memory than investors had bargained for  —  US memory chip stocks …

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