Fishing for chips: Is Nvidia a good catch?

Nvidia's chief executive Jensen Huang says AI technologies affect every industry. (Image: Getty)

Sat, 03 Jun 2023

Chipmaker Nvidia is now worth nearly as much as Amazon. Who’s Nvidia, you may ask? We’ve all heard of Apple, Amazon, Netflix, Microsoft and so on, but not many people have heard of Nvidia. Yet its market capitalisation breached the US$1 trillion (NZ$1.65t) level last week, one of just nine companies ever to do so. Its market capitalisation has more than doubled in 2023.The AI waveNvidia is riding the artificial intelligence (AI) wave. The company designs semiconductor chips made of silicon slices that contain specific...

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