Google's TurboQuant seriously impacted the US memory chip stocks: In a week, nearly 100 billion US dollars of market value was wiped out, with Micron dropping more than 70 billion US dollars.

According to reports, the market value of memory chip companies in the United States has evaporated nearly $100 billion this week following Google's latest research. The research indicates that the AI hardware shortage problem that had previously driven up the stock prices of chip manufacturers to historical highs will be alleviated. Against the backdrop of overall selling on Wall Street, the stock price of US memory chip manufacturer Micron has fallen by 15% since last Friday's close, with a market value evaporating over $70 billion. Flash device manufacturer SanDisk was the best performer in the S&P 500 index last year, with a market value evaporation of approximately $15 billion this week. Storage companies Western Digital and Seagate Technology have also lost billions of dollars in market value this week. "These stocks had seen huge gains before, so any marginal news would have an impact on their stock prices, this is a rational reaction," said Travis Prentice, Chief Investment Officer of California asset management company Informed Momentum Company.