After two consecutive days of sharp declines, the memory sector begins to "diverge": Samsung and SK Hynix stabilize, "flash memory" continues to fall

Following Google's TurboQuant algorithm breakthrough, the memory chip industry is experiencing a divergence: flash memory companies' stock prices are under continuous pressure, with Kioxia and others significantly retracing previous gains; HBM suppliers Samsung and SK Hynix have quickly stabilized. Morgan Stanley noted that this technology primarily optimizes memory efficiency in the inference stage, with limited impact on core HBM demand, while posing a greater threat to NAND flash memory. Bloomberg Intelligence believes that memory optimization in the inference stage has a greater impact on NAND flash memory, while the core memory required by GPUs (HBM/DRAM) is largely unaffected