Chip selloff deepens after Google touts memory breakthroughBloombergMemory chip stocks extended their losses yesterday after Alphabet Inc’s Google publicized research that could allow more efficient use of the storage needed for artificial intelligence (AI) development. Memory companies have been on a tear in recent months as the rapid development of AI infrastructure triggered a spike in chip prices, driving up profit and stocks. Visitors walk near a logo of Google at an AI Impact Summit in New Delhi, India, on Feb. 17. Photo: Bhawika Chhabra, ReutersSK Group chairman Chey Tae- won recently said that the memory chip crunch will last until 2030. “If models can run with materially lower memory requirements without losing performance, the cost of serving each query drops meaningfully, resulting in more profitable AI deployment,” he wrote.

Source: Taipei Times March 26, 2026 17:16 UTC