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NVIDIA's Crash On January 27th, 2025, NVIDIA lost 589 billion US dollars in market cap in one day, the largest one-day loss for any company in US history, beating its own prior record of 279 billion in September 2024. The broader tech/AI market lost about 1 trillion USD that day. Compute Initially a company that sold computer chips for game rendering, NVIDIA now sells GPUs to the companies that create the frontier models and provide them with the compute they need to function. Compute has been…
1Key Takeaways
- NVIDIA's Crash On January 27th, 2025, NVIDIA lost 589 billion US dollars in market cap in one day, the largest one-day loss for any company in US history, beating its own prior record of 279 billion in September 2024.
- The broader tech/AI market lost about 1 trillion USD that day.
- Compute Initially a company that sold computer chips for game rendering, NVIDIA now sells GPUs to the companies that create the frontier models and provide them with the compute they need to function.
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3Why it matters
Coding AI shifts how fast software ships and how much human review each change needs. DEV — ML reports that nVIDIA's Crash On January 27th, 2025, NVIDIA lost 589 billion US dollars in market cap in one day, the largest one-day loss for any company in US history, beating its own prior record of 279 billion in September 2024.
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