It is not data lossNothing on the drive has changed. The volume is intact and will mount the instant the correct key is entered. The problem is entirely that the chip will not hand over its copy of the key, and another copy, the recovery key, exists for exactly this.
The TPM clear is the common causeClearing the TPM, in the BIOS or through Windows security settings, destroys the chip's stored key copy. People do it to fix an unrelated problem, or a firmware update does it for them. After a clear, a TPM-only drive can only be opened with the recovery key, so find the key before clearing a TPM, never after.
Firmware and board changes do it tooA BIOS or UEFI update changes the measured early-boot state; a new motherboard has a different TPM entirely; a CPU swap on AMD can reinitialise the firmware TPM. Each leaves the data intact and the drive asking for the recovery key. None of them is a reason to reinstall Windows, which would overwrite the data you are trying to reach.
TPM-only is the least recoverable without the keyBecause there is no PIN or password to attack, a TPM-only drive with a genuinely lost key and no escrow copy offers nothing to work with except a memory or hibernation capture, if the machine is still running. Once it is powered off at the recovery screen, even that route is gone. This is the configuration where finding the key matters most.