News | Business
28 Jun 2024 5:56
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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

     Other Business News
     27 Jun: Meanwhile Auckland Council has given its Long Term Plan the final sign off
     27 Jun: Dunedin shoppers are looking happy - as Kmart opens again
     27 Jun: Auckland's full rail network's closing this Matariki weekend, as work begins to connect City Rail Link
     27 Jun: Gloriavale has taken a knock in its battle to maintain access to banking services
     27 Jun: Hopes poor performance in the dairy sector won't stick around, as figures show profits down 27 percent
     27 Jun: A tough time for dairy farmers with expenses up, and profits down
     26 Jun: Power has been restored to more than a thousand customers across Wairoa and Tairawhiti -- as flooding subsides around a substation
     Top Stories

    RUGBY RUGBY
    Uncertainty around the future of netball's ANZ Premiership has been played a part in Marianne Delaney-Hoshek stepping down as Tactix coach More...


    BUSINESS BUSINESS
    Meanwhile Auckland Council has given its Long Term Plan the final sign off More...



     Today's News

    Environment:
    Emergency crews remain on-hand in storm battered Wairoa 21:57

    Entertainment:
    Judge Reinhold thinks his acting career was derailed by studio politics he has branded an "ex ecutive murder plot" 21:30

    Business:
    Meanwhile Auckland Council has given its Long Term Plan the final sign off 21:17

    Entertainment:
    Tori Spelling sneaked away to get her breasts augmented at a strip mall plastic surgery centre when she was a teen 21:00

    Entertainment:
    Jenna Dewan has enjoyed "a week of bliss" after giving birth to her baby girl 20:30

    Entertainment:
    Kevin Costner's commitment to 'Horizon: An American Saga' has "gone pretty deep" 20:00

    Entertainment:
    Major record companies including Sony and Universal Music Group take AI companies to court for copyright infringement 19:37

    Entertainment:
    Eva Longoria had an "amazing" experience on 'Only Murders in the Building' 19:30

    Entertainment:
    Pixie Lott feels the music industry has "changed so much" over the last decade 19:00

    Politics:
    Whistleblowing is on the rise 18:57


     News Search






    Power Search


    © 2024 New Zealand City Ltd