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 Google's TurboQuant Breakthrough Sparks Memory Chip Stock Selloff - tech
(hx) 05:51 PM CET - Mar,27 2026
Google Research has unveiled TurboQuant, a new compression algorithm that slashes key-value cache memory usage for large language models by up to 6x while delivering inference speedups of up to 8x on hardware like Nvidia H100 GPUs, all without any loss in model accuracy.

Announced on March 24, 2026, the software-only technique quantizes KV caches down to as low as 3 bits and maintains perfect performance on benchmarks, including long-context tasks. Investors reacted swiftly, driving sharp declines in memory chip stocks: Samsung and SK Hynix each fell around 5-6% in Seoul trading, while Micron dropped significantly in U.S. markets amid fears of reduced long-term demand for high-bandwidth memory.

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