Google’s New TurboQuant AI Tool Reduces Memory Usage By 6 Times While Improving Processing Speeds. Investors Panic As Shares Fell For Samsung, Micron And Sandisk Following Speculation Of Reduced Memory Chip Demand
According to Startup Pakistan, Google’s newly unveiled TurboQuant AI tool is set to reduce memory usage by 6 times while also improving processing speeds. The great leap in AI by Google has caused massive investor panic as fears of reduced demand for memory chips grows, causing the shares for Samsung, Micron and Sandisk to fall.
Despite the initial dip in shares, analysts believe that TurboQuant’s improved memory efficiency will support hardware demands in the long run. Thus, it is expected to support long term growth in AI infrastructure.
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