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29 Sep 2024 1:02
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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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     Top Stories

    RUGBY RUGBY
    It's been 23 long years - but the Wallabies are taking their second half revival in Sydney as proof they can beat the All Blacks on home soil tonight More...

    BUSINESS BUSINESS
    The Government's being urged to stop the push towards forestry, in the wake of the proposed closure of the Timaru meatworks More...


     Today's News

    		 Rugby:
    It's been 23 long years - but the Wallabies are taking their second half revival in Sydney as proof they can beat the All Blacks on home soil tonight 21:56

     Rugby:
    All Blacks come from behind to beat Wallabies 33-13 in Bledisloe Cup in Wellington 21:37

     Rugby:
    The Wallabies might have slumped to 10th in the world rankings, but the All Blacks insist that memo has not passed their desks 21:16

     International:
    IDF responds to rockets being launched into Israel after surface-to-surface missiles fall in open areas — as it happened 19:57

     Entertainment:
    Bono celebrated Michael Douglas' 80th birthday by singing for the Hollywood icon 19:07

     Rugby League:
    Panthers coach Ivan Cleary's comparing captain Isaah Yeo to a former Warriors captain ahead of a milestone game in tonight's NRL preliminary final against the Sharks in Sydney 18:57

     Rugby:
    Victory for Otago over Tasman in a high-scoring match to end today's provincial rugby action 18:47

     Entertainment:
    The Foo Fighters have cancelled a show after Dave Grohl recently revealed that he welcomed a baby outside of his marriage 18:37

     Accident and Emergency:
    State Highway One north of Turangi is closed because of a fire 18:37

     Entertainment:
    Kate Winslet's son "cried a lot" when he watched 'Titanic' for the first time 18:07

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