US chip storage sector fell broadly in pre-market trading, with SanDisk down nearly 4%.

U.S. chip storage sector fell across the board in pre-market trading. SanDisk fell nearly 4%, Micron Technology and Western Digital fell nearly 3%, and Seagate Technology fell over 2%. On the news side, Google has launched a compression algorithm TurboQuant, claiming to achieve approximately 6 times memory savings.