Did Alphabet Just End the AI Memory Boom?

Memory stocks got hammered this week after Google dropped a research paper that has investors questioning the entire thesis for the AI-driven memory bull run. Alphabet's ((GOOGL) Google Research group published details on Tuesday of a new compression algorithm called TurboQuant, and the fallout was swift. Sandisk Corporation ((SNDK) plunged as much as 11%, Micron Technology ((MU) dropped 7% on Thursday as the selling accelerated, and Western Digital and Seagate each fell over 7%. The damage extended oversea ...