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
You're gonna see people sharing this as proof that RAM demand will now drop, but it's more a sign that the markets don't understand anything. RAM manufacturing capacity has been pre-booked, and there isn't some magical change coming out of this research anytime soon — www.ft.c…