$MU and $SNDK are getting hit hard at the open from the release of $GOOGL TurboQuant.
The market is reading it as a potential headwind for memory names because long-context AI inference may now need far less memory per workload.
$MU Micron is acquiring PSMC’s P5 fab site in Taiwan for $1.8B cash 🇹🇼💰
🏭 Adds a 300mm cleanroom to expand Micron’s manufacturing footprint
⚡ Supports rising DRAM/memory demand
📅 Expected to close by Q2 2026
🚀 Meaningful DRAM wafer output expected from H2 2027