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8 Nov 2025 1:09
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  •   Home > News > Business

    Californian AI chip giant, Nvidia, has become the world's first five-trillion dollar  company

    Californian AI chip giant, Nvidia, has become the world's first five-trillion dollar company


    Its share price rose nearly five percent at the open of trading on Wall Street, pushing its market capitalisation past a new threshold.

    It's greater than the GDPs of France and Germany.

    BBC Correspondent Erin Delmore says in July, Nvidia was the first company worth four-trillion.

    CEO Jenson Wong says they expect more than 500 billion dollars in chip sales - and it's creating seven super computers for the US Government.

    © 2025 Newstalk ZB, NZCity

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     07 Nov: Power has been restored to the Far North but residents are being asked to continue to conserve power today
     07 Nov: Luxury retailer Faraday's will be opening a 30 million dollar development on Auckland's Queen Street
     07 Nov: The country's largest electricity "gentailer" is welcoming changes to the Government's 200-million dollar co-investment in gas
     06 Nov: Labour Weekend - and weather - played a big role in consumer spending in October
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     Today's News

    Business:
    Labour Weekend - and weather - played a big role in consumer spending in October 21:57

    Entertainment:
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    Business:
    Our largest electricity gentailer is welcoming two major announcements for the energy sector 21:17

    Law and Order:
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    Law and Order:
    Three men have been found guilty of murdering Waimate man, Anaru Moana 21:17

    Entertainment:
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    Law and Order:
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    Law and Order:
    A Virginia jury's awarded 10-million US dollars to a 28-year-old former teacher shot by a six-year-old student 21:07

    Entertainment:
    Olympic gold medallist Dame Denise Lewis secretly split from her music mogul husband Steve Finan two years ago 20:37


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