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