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8 Sep 2024 12:06
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      Home > News > Technology

    It's great news for New Zealand's Super Fund - that AI computer-chip maker Nvidia's risen to become the world's most valuable company

    It's great news for New Zealand's Super Fund - that AI computer-chip maker Nvidia's risen to become the world's most valuable company


    The US manufacturer's worth has topped five trillion New Zealand dollars - toppling Microsoft and Apple from the top spot.

    Demand has sky rocketed for the chips to run artificial intelligence software - and the company's value has nearly doubled over six months.

    At the end of 2023, the Super Fund had about 800 thousand shares - which are now valued at just under a-billion dollars.

    © 2024 Newstalk ZB, NZCity

     Other Technology News
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     01 Aug: Technical teams at Auckland Airport are rushing to fix a computer glitch that has left hundreds of travellers in check-in limbo
     21 Jul: A warning to expect cyber criminals to do their best to take advantage of Friday's global IT outage
     20 Jul: New Zealand Civil Defence says despite the computer glitch, essential services are still working, including 111 services
     13 Jul: Hundreds of employers are under a migrant hiring freeze after an issue with Immigration NZ's IT system
     14 Jun: Wellington City Council's rolling out a new high-tech method for enforcing illegal car parking
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    The dissection has begun for the Wallabies after a record mauling by the Pumas More...

    BUSINESS BUSINESS
    The Regulation Minister has rubbished calls for tougher regulation in the grocery sector More...


     Today's News

    		 Soccer:
    A competitive litmus test awaits the All Whites in their international football friendly against Mexico this afternoon 11:57

     Environment:
    Fire crews are aiming to hit the remains of fire, hard in Otago 11:47

     Law and Order:
    Nicole Kidman misses Venice acting honour due to death of her mother Janelle Kidman 11:27

     Rugby:
    The dissection has begun for the Wallabies after a record mauling by the Pumas 11:07

     Business:
    The Regulation Minister has rubbished calls for tougher regulation in the grocery sector 11:07

     Rugby League:
    The women's singles champion's been crowned at the US Tennis Open.. 10:57

     Accident and Emergency:
    Fire crews are working to put out a house fire in Invercargill 10:27

     Motoring:
    Paralympics 2024: Australia's James Turner triumphs in men's 100m T36 at Paris Games, Curtis McGrath wins fourth para canoe gold 10:07

     International:
    Paralympics medal tally: Here's Australia's team standings on day 10 of the Paris Games 10:07

     Rugby:
    All Blacks coach Scott Robertson's heaping praise on Wallace Sititi amid the 18-12 loss to the Springboks 10:07

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