Australian funds have more than $US10bn ($15.7bn) worth of shares in the world’s hottest stock, Nvidia, and Macquarie, Alphinity and James Packer’s Consolidated Press Holdings are holding some of the largest stakes in the AI chipmaker.

Munro Partners’ Nick Griffin tells The Australian that the surge in corporate demand for AI is fuelling the need for powerful graphics processing units (GPUs) from Nvidia.

Read the article in The Australian

Nick Griffin

Nick is a founding Partner and the Chief Investment Officer of Munro Partners. He is responsible for the investment management of Munro’s key investment funds and the formulation and implementation of the proprietary investment process. Nick has been managing global long / short equity mandates for over 15 years.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.