News | Technology
23 Jul 2024 12:09
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 > 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

     Other Technology News
     21 Jul: It could take up to two weeks to resolve 'teething issues' following CrowdStrike outage, Clare O'Neil says
     21 Jul: A warning to expect cyber criminals to do their best to take advantage of Friday's global IT outage
     21 Jul: Pacific countries are still weighing Elon Musk's Starlink, despite hopes its satellites will connect their remote islands
     20 Jul: What is CrowdStrike Falcon and what does it do? Is my computer safe?
     20 Jul: New Zealand Civil Defence says despite the computer glitch, essential services are still working, including 111 services
     19 Jul: Why you might find yourself struggling for phone connection in the heart of the city
     13 Jul: Hundreds of employers are under a migrant hiring freeze after an issue with Immigration NZ's IT system
     Top Stories

    RUGBY RUGBY
    Wellington Rugby are focused solely on the upcoming NPC season, NOT the prospect the competition will undergo major changes in future years More...


    BUSINESS BUSINESS
    The Prime Minister says this Government has invested as much in healthcare as its predecessor More...



     Today's News

    Rugby:
    Wellington Rugby are focused solely on the upcoming NPC season, NOT the prospect the competition will undergo major changes in future years 11:57

    Entertainment:
    Elvis Presley's estate have cast doubt on the authenticity of items being offered for sale at auction 11:44

    Politics:
    Dear Pharmac – do things differently: what David Seymour’s expectations could mean for the drug-buying agency 11:17

    International:
    Explaining the most viral Kamala Harris memes, from coconut trees to 'Momala' and Veep 11:17

    Entertainment:
    Sean Kingston and his mother have been indicted for fraud 11:14

    Business:
    The Prime Minister says this Government has invested as much in healthcare as its predecessor 11:07

    Soccer:
    Injury has ruled Lionel Messi out of the Major League Soccer All-Star game 11:07

    Law and Order:
    Australian police are uncovering details about two near-identical assaults on men in Canberra 10:47

    Entertainment:
    Gwyneth Paltrow feels a "deep sense of impending grief" about her children heading to college 10:44

    Business:
    Excitement over a possible takeover of The Warehouse Group, by company founder Sir Stephen Tindall 10:27


     News Search






    Power Search


    © 2024 New Zealand City Ltd