Norway wealth fund clocks $138b profit in H1 as AI demand lifts tech

Norway wealth fund clocks $138b profit in H1 as AI demand lifts tech

FILE PHOTO: A general view of the Norwegian central bank, where Norway's sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File Photo

Norway‘s $1.7 trillion sovereign wealth fund, the world’s largest, said on Wednesday it had posted a profit of 1.48 trillion Norwegian crowns ($138 billion) in the first half of the year as global stock markets rose.