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1 Nov 2025 17:57
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      Home > News > Business

    US AI chip giant, Nvidia is rapidly propelling its stock to record highs

    US AI chip giant, Nvidia is rapidly propelling its stock to record highs

    1 November 2025
    It's become the first company in the world to reach a market value of five trillion dollars.

    Its share price rose nearly five percent at the open of trading on Wall Street, pushing its market capitalisation past a new threshold.

    Tech expert Paul Stenhouse says Nvidia only hit four trillion three months ago.

    He says it's now 8.3 percent of the S&P 500.

    © 2025 Newstalk ZB, NZCity


     Other Business News
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     01 Nov: Economists say back to back house price increases could be a signal of recovery in the market
     01 Nov: New data shows Kiwis lost significantly more money to online credit card scams last month
     31 Oct: One of Christchurch's hottest hospitality spots has sold for 60 million dollars
     31 Oct: Qantas is going up against Air New Zealand with direct flights into Australia
     Top Stories

    RUGBY RUGBY
    One of the newest All Blacks has lingering memories of the 20-16 loss to Ireland in Chicago More...

    BUSINESS BUSINESS
    Thousands of PowerNet customers remain cut off in the lower South Island - a week after a severe storm downed much of its network More...


     Today's News

    		 Auckland:
    A Lamborghini's burst into flames in a two-vehicle crash in Auckland's Remuera this afternoon 17:27

     Soccer:
    Auckland FC striker Jesse Randall is impressing coach Steve Corica with his standards on and off the pitch ahead of today's home A-League clash against Adelaide United 16:57

     Rugby:
    One of the newest All Blacks has lingering memories of the 20-16 loss to Ireland in Chicago 16:17

     Politics:
    Japan wants to hire more bear hunters after record number of people attacked 15:37

     Rugby:
    The All Blacks admit they've had some inside intel on the Irish, ahead of tomorrow's clash at Soldier Field in Chicago 15:27

     Rugby:
    Intensity and defence are the keys All Blacks captain Scott Barrett's highlighting in tomorrow's opening Grand Slam test against Ireland 15:26

     Cricket:
    Black Caps skipper Mitchell Santner has won the toss and has opted to bowl first against England in today's dead-rubber final one-day international in the capital 14:56

     Rugby:
    All Blacks lock Fabian Holland is soaking up some valuable Chicago cribnotes from Scott Barrett ahead of tomorrow's test against Ireland 14:26

     Netball:
    Australian midcourt star Jamie-Lee Price has been crowned that nation's best netballer 14:06

     Business:
    Thousands of PowerNet customers remain cut off in the lower South Island - a week after a severe storm downed much of its network 13:46

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