Tiger Brokers

BUZZ-Memory chipmakers drop after Google announces memory-saving algorithm

Reuters
Yesterday
BUZZ-Memory chipmakers drop after Google announces memory-saving algorithm 

** Shares of memory chipmakers drop in early trading, among the biggest laggards on the S&P 500 .SPX

** Google Research in a blog post late on Tuesday announced TurboQuant, a compression algorithm that it says helps AI systems use much less memory without hurting performance

** Sandisk SNDK.O slides 3.2% and Micron Technology MU.O drops 3.4%

** Seagate Technology STX.O falls 1.6%, while Western Digital WDC.O loses 0.3%

** Micron and Sandisk were among the top 10 most trending stocks on retail investor forum Stocktwits

** Memory and data storage chipmakers surged in 2025 amid staggering demand for hard drives in the global race to scale AI-related infrastructure

(Reporting by Shashwat Chauhan in Bengaluru)

((Shashwat.Chauhan@thomsonreuters.com))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10