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26 Nov 2025 11:16
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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

    20 November 2025
    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
     26 Nov: Tensions are rising over Christchurch's temporary stadium, with Canterbury Rugby League claiming it's owed hundreds of thousands dollars in revenue
     26 Nov: Property resale performance across the country is at its softest point since 2013
     26 Nov: RMA Reform Minister Chris Bishop says regional councils add layers of confusion, as he looks to scrap them
     25 Nov: Bird flu confirmed in elephant seal population at Heard Island
     25 Nov: Fonterra still expects most dairy farmers to break even this season
     25 Nov: The Co-operative Bank has admitted breaking the law and charging too-high fees
     25 Nov: Risky business: how small firms can be caught in the trade sanctions crossfire
     Top Stories

    RUGBY RUGBY
    Former Wallabies rugby coach John Connolly is giving the All Blacks' depth under Scott Robertson an edge over the Springboks two years from the World Cup More...

    BUSINESS BUSINESS
    Tensions are rising over Christchurch's temporary stadium, with Canterbury Rugby League claiming it's owed hundreds of thousands dollars in revenue More...


     Today's News

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    Third time's the charm for Chelsea in football's Champions League on DAZN  11:07

     Law and Order:
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     National:
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     National:
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     Law and Order:
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     National:
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     Entertainment:
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     National:
    The ChatGPT effect: In 3 years the AI chatbot has changed the way people look things up 10:07

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