BlockBeats News, March 30th, according to Sina News, starting last week, the market saw a sharp drop in memory prices, with the mainstream 16GB memory module experiencing a single-day maximum price drop of over 100 yuan. Wholesalers generally attribute this to large-scale sell-offs by early hoarders. Due to the previous excessive price surge, market sales volume had dropped by over 60% compared to before November last year, and the insufficient capacity to absorb further intensified the selling pressure.
Meanwhile, Google has released a new compression algorithm called “TurboQuant,” which can reduce the key-value cache memory usage during the operation of large language models by at least 60%. The market subsequently adjusted its expectations for AI hardware demand. According to the Financial Times, affected by this, the market value of U.S. memory chip companies has evaporated by nearly $100 billion this week, with Micron’s stock price falling by a cumulative 15% since last Friday, resulting in a market value loss of over $70 billion.
