Google releases KV cache compression technology, causing storage demand forecasts to be impacted, leading to a collective decline in the U.S. stock storage sector.

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Google Research recently launched a new KV cache compression method called TurboQuant. According to reports, this technology can reduce the cache memory usage of large language models by at least six times without losing accuracy and achieve up to eight times acceleration, aiming to address memory bottlenecks in AI inference and vector search.

Following this news, the U.S. stock storage sector collectively declined. By the close, SanDisk fell 6.5%, Micron Technology dropped over 4%, Western Digital declined over 4%, and Seagate Technology fell over 5%.

More updates are ongoing.

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