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Shares of memory and storage-related companies, including Micron Technology Inc (NASDAQ:MU) and SanDisk Corp (NASDAQ:SNDK), are trading lower on Wednesday.
The move follows a technical announcement from Alphabet Inc’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Research regarding AI efficiency.
Google Unveils TurboQuant Algorithm
On Tuesday, Google researchers introduced “TurboQuant.” This set of advanced quantization algorithms enables massive compression for large language models (LLMs).
According to the Google blog, the technology “optimally addresses the challenge of memory …
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