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20 Nov 2025 14:16
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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
     20 Nov: The world's most valuable company - Nvidia is easing fears of a bursting AI bubble, at least for now
     20 Nov: Northland Regional Council has paid tribute to former councillor and businessman, Monty Knight - who died on Sunday
     20 Nov: Relief on Wall Street, as computer chip giant Nvidia records another record-high three months
     20 Nov: Almost a third of Kiwis plan to cut back on spending on presents this Christmas
     20 Nov: Investor confidence is inching upward, but housing is no longer the clear favourite
     20 Nov: Kiwis are more optimistic about the year ahead, than the year that's just been
     19 Nov: Auckland's St Kentigern College has revealed what led to a blaze in one of its classroom buildings this afternoon
     Top Stories

    RUGBY RUGBY
    The All Blacks are banged up, but most players are available for what is likely to a vastly changed side to tackle Wales this weekend More...

    BUSINESS BUSINESS
    The world's most valuable company - Nvidia is easing fears of a bursting AI bubble, at least for now More...


     Today's News

    		 Accident and Emergency:
    Two people are trapped and multiple people have been injured - after a car crash just after 1pm, south of Ross, in Westland 14:07

     International:
    FOI data shows Australian mining and manufacturing sectors take months to detect cyber breaches 13:57

     Entertainment:
    Dolly Parton hasn't "got time to get old" 13:55

     Dunedin:
    A man's been charged with using explosives to start a fire at an abandoned Dunedin house early on Tuesday 13:47

     Law and Order:
    An inmate's died at Invercargill Prison - believed to be from natural causes 13:27

     Entertainment:
    Catherine, Princess of Wales' annual carol concert will celebrate "love in all its forms" this year 13:25

     Business:
    The world's most valuable company - Nvidia is easing fears of a bursting AI bubble, at least for now 13:17

     Cricket:
    Wellington are scrambling on the third day of cricket's Plunket Shield opening round against Otago at the Basin Reserve 13:07

     Entertainment:
    Isla Fisher has found it "challenging but deeply rewarding" rebuilding her life after her divorce 12:55

     International:
    NASA unveils close-up pictures of Comet 3I/Atlas in our solar system 12:27

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