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25 Jul 2024 21:23
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  •   Home > News > Business

    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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     Top Stories

    RUGBY RUGBY
    Meanwhile New Zealand will have to negotiate injury management across their three pool games at the Paris Olympics More...


    BUSINESS BUSINESS
    Meanwhile New Zealand will have to negotiate injury management across their three pool games at the Paris Olympics More...



     Today's News

    Accident and Emergency:
    A person has died following after fleeing police on a motorcycle and crashing into a car on State Highway 35 in Gisborne this afternoon 21:17

    Entertainment:
    Adam Levine and Behati Prinsloo celebrated their 10th wedding anniversary by throwing a huge party in Mexico 21:14

    Law and Order:
    People beheaded, a village burned amid brutal violence in PNG province 21:07

    Entertainment:
    Kevin Jonas is open to having a third child 20:44

    Entertainment:
    Shaun Ryder believes he's only "got 10 years left" to live 20:14

    Entertainment:
    Sir Mick Jagger will never write an autobiography 19:44

    Entertainment:
    Andrew Garfield's girlfriend Kate Tomas has slammed the "misogynistic" reaction to their romance 19:14

    Business:
    Meanwhile New Zealand will have to negotiate injury management across their three pool games at the Paris Olympics 18:57

    Entertainment:
    Bella Thorne has blamed controversial drug Ozempic for "setting crazy beauty standards" 18:44

    International:
    The Paris Olympics are the first to have equal split of male and female athletes, and Alice Milliat is the reason why 18:37


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