Australians have a lot riding on the AI boom and, by default, Nvidia.

More than $1 trillion of Australian superannuation funds are invested offshore, the bulk of which has been directed to the biggest American technology companies.

And for the past four years, that money has chased the AI boom...

"Nvidia has been central to the whole build-out of the AI infrastructure. They have been a big investor into businesses like cloud businesses and neoclouds and then also the data centre businesses."

The 20 per cent fall in Nvidia's stock in the past week would be enough to impact super fund returns... but... the long-term impact, given the company's central role in the future of AI [is more concerning].