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19 Jul 2024 14:50
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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

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    Good news for home-buyers.... BNZ and Kiwibank are following ANZ and Westpac in cutting their advertised home loan and term deposit rates, following Wednesday's drop in CPI inflation More...



     Today's News

    International:
    Live updates: Donald Trump addresses Republican National Convention, Joe Biden 'soul-searching', US media reports 14:47

    Entertainment:
    Firerose has been banned from using Billy Ray Cyrus' credit cards 14:28

    Cricket:
    New Zealand Cricket remains adamant the White Ferns are moving in the right direction... despite eight defeats in a row in their white-ball tour of England 14:08

    Health & Safety:
    Ethnicity, equality and Pharmac: how the Treaty really guides NZ’s drug-buying policies 14:08

    Motoring:
    Motorists are being urged to take extra care tonight with rough weather on the way in some places 14:08

    Entertainment:
    Richard Simmons' family are "overwhelmed and beyond grateful" for the "outpouring of love" sparked by his death 13:58

    Health & Safety:
    Pharmac's committed to delivering more dietary options for people with inherited metabolic diseases 13:47

    Entertainment:
    Dick Van Dyke had "never approached a strange woman" before introducing himself to his future wife 13:28

    Basketball:
    Olympic Games Paris 2024: Diana Taurasi trying to become first basketball player to win six gold medals 13:27

    Business:
    Good news for home-buyers.... BNZ and Kiwibank are following ANZ and Westpac in cutting their advertised home loan and term deposit rates, following Wednesday's drop in CPI inflation 13:07


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