That'd be great if it could absorb the surplus, but right now at 12GW production it is curtailed at 0.29 GW. This means neither pumped storage, nor batteries, nor exports can deal with it.
On one hand it might create a new market, hopefully H2 electrolysis that replaces coal or gas in industrial processes rather than Bitcoin farms. On the other it also signals that any additional Solar is going to evict about as much capacity into such curtailments.
Anyway, California is the record-breaking market and all eyes are on it to helps us guide the global energy future.