Nvidia stock briefly touched a new record Tuesday following a high-profile speech from its billionaire leader Jensen Huang, but surprisingly reversed quickly to a significant daily loss, headlining a surprise stark selloff across technology stocks.

Nvidia shares had run up in advance of the event, but CEO Jensen Huang didn’t mention Rubin, the company’s next chip family.

The CES event helped show the investing world that there is still much to come from Nvidia and the AI industry as a whole. With all of the incredible growth already seen over the last few years, it wouldn't be surprising to hear speculation about how much further the technology can go.