Nvidia loses $500 billion in the biggest short term loss in company value in all of recorded history. A year ago that would have killed it yet today it will barely notice

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Dave has been gaming since the days of Zaxxon and Lady Bug on the Colecovision, and code books for the Commodore Vic 20 (Death Race 2000!). He built his first gaming PC at the tender age of 16, and finally finished bug-fixing the Cyrix-based system around a year later. When he dropped it out of the window.

, that there would be a correction, and that has happened over the past three days. It has now dropped in value by a combined total of 13%, which has effectively knocked over $500 billion off the stock.

We're not there yet, with the noise around AI still very positive despite little tangibly positive coming from it. Well, apart fromSo, Nvidia is still going to sell a ton of GPUs into the AI industry—despite every company with a penchant for silicon desperate to build some sort of better and/or cheaper rival—and it will continue to make bank for so long as that continues. When/if the AI arms race ceases and demand for massive GPU data centers slackens, that might change.

after another unfeasible rise in value. At this point I don't see why there is any crypto market around at all. Seriously, what's it for in 2024? Anyways, it's dropped over 8% in value over the past week, going below $60,000 per coin for only the second time this year, after seeing a high of over $73,000 back in March.

Dave has been gaming since the days of Zaxxon and Lady Bug on the Colecovision, and code books for the Commodore Vic 20 . He built his first gaming PC at the tender age of 16, and finally finished bug-fixing the Cyrix-based system around a year later. When he dropped it out of the window. He first started writing for Official PlayStation Magazine and Xbox World many decades ago, then moved onto PC Format full-time, then PC Gamer, TechRadar, and T3 among others.

 

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