Sandisk, Micron dive as Google Research unveils AI algorithm to reduce memory demands
This might be an unfortunately memorable day for the memory trade.
Memory stocks Sandisk, Micron, Seagate Technology Holdings, and Western Digital sank Wednesday after Alphabet’s Google Research group published details of a new algorithm known as TurboQuant.
Per Google’s extremely technical release, TurboQuant is an algorithm that allows for a data technique called “vector quantization” to be used while addressing the issue of so-called “memory overhead,” allowing data in AI models to be compressed without reductions in accuracy or requiring retraining, while reducing the memory storage requirements at data centers.
And that outlook seems to be enough for the market to be sending memory stocks down for the day.
Per Google’s extremely technical release, TurboQuant is an algorithm that allows for a data technique called “vector quantization” to be used while addressing the issue of so-called “memory overhead,” allowing data in AI models to be compressed without reductions in accuracy or requiring retraining, while reducing the memory storage requirements at data centers.
And that outlook seems to be enough for the market to be sending memory stocks down for the day.