Nvidia sheds almost $600B in market cap

https://www.cnbc.com/2025/01/27/nvidia-sheds-almost-600-billion-in-market-cap-biggest-drop-ever.html

by mfiguiere • 1 year ago

247 25 1 year ago

cnbc.com

ChrisArchitect• 1 year ago

More discussion: https://news.ycombinator.com/item?id=42839650

KarmaArchitect• 1 year ago

Thank you.

booleandilemma• 1 year ago

Are you two related?

dang2• 1 year ago

Comments moved thither. Thanks!

pinkmuffinere• 1 year ago

Pet-peeve: I hate titles like this, “biggest loss in history” is meaningless unless it’s inflation-adjusted, and it almost never is. Is this a bigger loss in real terms? Or is this just a big number? I’m guessing it’s the second.

Edit: I read the article, it’s definitely the second case. Is this _also_ the biggest loss in real terms? I don’t know.

Terr_• 1 year ago

Similarly, "new record for highest-grossing film", or "new record for number of popular votes received."

lotsofpulp• 1 year ago

"xyz company [in business that historically earns low single digit profit margins] reports highest profits"

paulddraper• 1 year ago

Hey, they clearly just keep making more and more popular movies.

FYI for the curious: the highest inflation-adjusted lifetime grossing film is Gone with the Wind.

magicalhippo• 1 year ago

I like the "fastest growing app/magazine/whatever" when the competition has been there for 50+ years.

otherjason• 1 year ago

And "our best iPhone ever." If it weren't your best iPhone ever, then I would be better off buying one of your older models.

coliveira• 1 year ago

Well, this is what the media does, it is a low hanging fruit that will attract readers. The reality is that NVDA price was way too high and would fall anyway. This was just a catalyst.

amazingamazing3• 1 year ago

Counterpoint - generally larger companies should be less susceptible to the type of volatility that leads to the title, so I still think it's newsworthy. Even if you were to change the title to largest percentage single-day loss amount among 3 trillion+ companies it would still be true (might even be true amount 2+ trillion as well)

Retric3• 1 year ago

Inflation adjusted is still limited to the largest companies. It’s simply using 2025 dollars for companies rather than comparing 1950 or whatever dollars vs 2025 dollars.

walterbell• 1 year ago

Would inflation change the ranking?

For Nvidia, the loss was more than double the $279 billion drop the company saw in September, which was the biggest one-day market value loss in history at the time, unseating Meta’s $232 billion loss in 2022. Before that, the steepest drop was $182 billion by Apple in 2020.

seizethecheese• 1 year ago

Not compared to these recent losses, but compared to all history it’s very possible, the value of the dollar drops by orders of magnitude as you go back in time.

Andrex• 1 year ago

It's not meaningless to people who accept that the vast majority of these reportings always use non-adjusted numbers and usually call out when that isn't the case.

dang2• 1 year ago

Ok, we've taken that bit out of the title above.

Havoc• 1 year ago

This drop is wild to me.

Everything about DS success screams the future of AI is bright. The advance puts more use cases into feasible space. And then number one supplier for it drops. DS is literally using NVIDIA chips for god‘s sake

Markets aren’t rational. Or people don’t understand AI. Or both. Idk

dadbod• 1 year ago

Jensen: 1000$

Customers: 10$

Jensen: 500$ :(

Customers: 20$

Jensen: 250$

Customer: 10$ + your jacket

Jensen: :'((

Netcob• 1 year ago

This is really complicated...

- NVIDIA has probably been overvalued for a while

- But what is happening now is clearly a panic

- GPUs are still needed for training and inference, and I guess people will figure that out in the next few days

- So far, all we have is claims from one source. Seems credible enough, and I'm sure there's massive optimization potential in training LLMs, but someone else should replicate the process first before it's taken as a fact

Nvidia sheds almost $600B in market cap

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