Google's DeepSeek Moment: TurboQuant Revolutionizes AI Efficiency, Sends Memory Stocks Plummeting

Google Research unveiled TurboQuant, a compression algorithm for large language models and vector search engines, which reduces AI model memory 6x and makes it 8x faster while maintaining zero loss in accuracy. This could lead to a collapse in demand for memory chips, as seen in the recent surge in DDR and NAND Flash prices. Micron, Sandisk, Western Digital, and Seagate Technologies saw notable declines, with Micron shares falling 6% and Sandisk sliding 9%. The move was described as "Google's DeepSeek moment" by Cloudflare CEO Matthew Prince.