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29 Jun 2024 15:58
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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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     Today's News

    		 Netball:
    Magic captain Ameliaranne Ekenasio believes her team's defensive unit deserve bouquets in netball's ANZ Premiership, ahead of this afternoon's clash against the Stars in Tauranga 15:47

     Rugby League:
    Magic captain Ameliaranne Ekenasio has commended her side's resolve after losing midcourter Ali Wilshier to a season-ending knee injury in the ANZ Premiership 15:27

     Rugby:
    All Blacks coach Scott Robertson's focus is on the here and now rather than a long-term plan towards 2027 for the time being 14:57

     International:
    Search for missing British teenager Jay Slater stretches into second week in Tenerife as family faces global online attention 14:17

     International:
    Rifleman, NZ's smallest bird may be 'missing link' in birdsong evolution: study 14:17

     Rugby:
    All Blacks coach Scott Robertson sought the counsel of Wayne Smith before making his first selections official 13:47

     Law and Order:
    Nelson's former mayor has been left badly shaken by a frightening incident in her home 13:27

     Politics:
    Reform UK's Nigel Farage wants to shake up the UK election — it's looking like he'll win the seat of Clacton to do it 13:07

     Soccer:
    Colombia have cruised to a 3-nil win over Costa Rica in Group D and booked their spot in the Copa America football quarterfinals 13:07

     Law and Order:
    Police have stopped boy racers in their tracks, at gatherings across the Wellington region 12:27

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