NVIDIA takes $1B stake in Nokia
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Nokia’s shares surged over 20% this week after Nvidia stock revealed a $1 billion investment forming a new alliance to develop AI-driven networking and 6G infrastructure.
Shares of Nokia (NASDAQ: NOK) surged 25% yesterday after Nvidia (NASDAQ: NVDA) announced a $1 billion strategic investment to accelerate AI-powered 6G infrastructure development. The stock rocketed from $6.
The announcement sent Nokia shares soaring 20.9 percent to 6.59 euros (7.68 U.S. dollars) in early trading on the Helsinki exchange - the company's sharpest one-day rise since October 2000, when it announced it had captured one-third of the global mobile phone market. The stock later closed at 6.27 euros, its highest level since early 2016.
RAN base station will run all processing on the Nvidia GPU. T-Mobile to put the AI-RAN product into trials in 2026.
Nokia secures a $1 billion investment from Nvidia to accelerate its transition into AI-powered networking and 6G innovation. Click to find out why NOK is a Buy.
Nvidia and Nokia have announced a strategic partnership to accelerate next-gen AI mobile networks to enable the US to “regain gl
NVIDIA is investing $1 billion to enable Nokia to accelerate development of a 6G platform to support artificial intelligence networks and infrastructure.
NVIDIA CEO Jensen Huang’s 90-minute keynote was a quiet statement of American power – kinda. But he had some surprises up his leather sleeve.