Latest / Best of Business / Leighton Roberts: Sharesies co-founder on Nvidia surpassing Apple and Microsoft to become world's most valuable company
Transcript
- 0:09Speaker 1: You're listening to a podcast from News Talk SEDB. Follow
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- 0:16Speaker 2: Here.
- 0:17Speaker 3: Who is this guy trying a kit? Of course they're
- 0:19Speaker 3: prioritizing the dollars above the country, Craig. Of course they are.
- 0:22Speaker 3: If Australia can have a warm up match before the
- 0:24Speaker 3: T twenty World Cup and we can't. I think you
- 0:26Speaker 3: know where the priority is. Like anyway, let's tell let's
- 0:29Speaker 3: deal with money. It is our priorities as well. Right
- 0:31Speaker 3: nineteen past five, the computer chip company in Video has
- 0:34Speaker 3: officially become the world's most valuable company. Shares climbed three
- 0:38Speaker 3: and a half percent overnight, taking its market capitalization to
- 0:41Speaker 3: get this three point three five trillion US dollars, which
- 0:44Speaker 3: means it's overtaken both Apple and Microsoft. Leighton Roberts is
- 0:48Speaker 3: the co founder of shares E's and with us. Now, hey,
- 0:50Speaker 3: Layton here, this is because of AI, isn't.
- 0:53Speaker 2: It it is? That's absolutely what it's about.
- 0:57Speaker 3: I mean, given that we're only at the start of AI,
- 0:59Speaker 3: you could argue the potential for this company must be big,
- 1:02Speaker 3: mustn't it.
- 1:04Speaker 2: That's definitely what's been priced in at the moment. But
- 1:06Speaker 2: what's particularly interestin as the mums seemed to be reflecting
- 1:09Speaker 2: the price appreciation that we're seeing. So yeah, we'll be
- 1:14Speaker 2: superintincient its paced out over the next couple of years.
- 1:17Speaker 3: Are you worried though about you know, like when you
- 1:19Speaker 3: get a big growth in a company like this, you
- 1:21Speaker 3: have to just whow and just check it out, and
- 1:23Speaker 3: you're worried about how quickly it's gone out because it's
- 1:25Speaker 3: gone from one trillion to two trillion in just nine months.
- 1:31Speaker 2: Look, I've just seen adoption of a technology like what's
- 1:34Speaker 2: happened with are as quickly as it has, and also
- 1:36Speaker 2: for it returns value to businesses as quickly as it has.
- 1:39Speaker 2: So it's very hard to judge, and that's sort of
- 1:42Speaker 2: up to people to do individually. But from where I'm sitting,
- 1:46Speaker 2: it's potentially a lot of excitement still to come.
- 1:49Speaker 3: If you were in charge of the super fund right
- 1:51Speaker 3: now they're stake and it has gone from just shy
- 1:54Speaker 3: of a billion to one point seventy five billion, would
- 1:57Speaker 3: you say sell, sell, sell sell while you're high.
- 1:59Speaker 2: I'm pretty happy I don't have that pressure to do this,
- 2:01Speaker 2: and I think a lot more informant for that decision.
- 2:04Speaker 3: Fair enough, Layton, Thank you very much appreciated, Laydon Roberts,
- 2:07Speaker 3: Cheesey's co founder.
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