Memory stocks dumping on news of Google’s new quantization algorithm while the PS5 gets a 20% price increase five years after its release—market irrationality versus reality. There will be an infinite appetite for intelligence-by-way-of-compute for the rest of our lives. All efficiency gains will be immediately eaten up. It’s the same reason why tech stocks dumping on DeepSeek R1 was ridiculous. I reckon it is more likely a PS6 never comes out than silicon allocation pressure ever improves.