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25 Nov 2025 12:03
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      Home > News > Business

    The AI bubble is yet to burst - if it exists

    The AI bubble is yet to burst - if it exists


    Computer chip giant, Nvidia has announced its highly anticipated quarterly results.

    It's reporting record revenue for the October quarter - equivalent to 102-billion New Zealand dollars, a 62-percent rise on the year before.

    It's forecasting 116-billion New Zealand dollars in the December quarter.

    Nvidia shares have risen as much as three-percent in extended trading, after the result well above analysts' expectations.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     25 Nov: Fonterra's cut its forecast farmgate milk payout, following the recent drop in global dairy prices
     25 Nov: The Commerce Commission is taking legal action against Mobil New Zealand's head office over wholesale pricing methods
     25 Nov: A view the Government could have gone further on changes to the building consents regime
     25 Nov: Confidence is starting to creep back to Auckland businesses
     24 Nov: Criticism of Air New Zealand's reliability - with strike action looming on December 8
     24 Nov: Air New Zealand's CEO says the pay increase offered to staff isn't less than inflation, despite union claims
     24 Nov: A polluting Waikato pig farm has been handed a record half a million dollar fine
     Top Stories

    RUGBY RUGBY
    Darts player Haupai Puha has pinned his current target More...

    BUSINESS BUSINESS
    Fonterra's cut its forecast farmgate milk payout, following the recent drop in global dairy prices More...


     Today's News

    		 Law and Order:
    Police have revealed an 11-year-old was one of two who drowned off Whangarei's coast 11 days ago 11:57

     Accident and Emergency:
    Rescue teams are still working - in challenging alpine conditions - to recover the bodies of two climbers who died on Aoraki Mount Cook late last night 11:47

     International:
    Historic pay deal with Uber Eats and DoorDash could set minimum pay for gig economy delivery workers 11:47

     Entertainment:
    Billy Bob Thornton's marriage to Angelina Jolie was "one of the greatest times" of his life 11:38

     National:
    Your bank is already using AI. But what’s coming next could be radically new 11:17

     Entertainment:
    Claire Danes felt a "funny shame" when she got pregnant at 44 11:08

     International:
    Court dismisses criminal cases against Donald Trump critics James Comey and Letitia James 11:07

     Rugby:
    Darts player Haupai Puha has pinned his current target 11:07

     Living & Travel:
    Some Great Walks, including the Milford and Abel Tasman tracks, are more than 95 percent booked 10:47

     Entertainment:
    Lala Kent hopes Tom Sandoval has been able to "move on" from his 2023 cheating scandal 10:38

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