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.
NVIDIA and Nokia team to accelerate the development and deployment of next-gen 6G connectivity, adding AI native mobile networks and infrastructure.
NVIDIA and Nokia to establish a strategic partnership to enable accelerated development and deployment of next generation AI native
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.
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.
Shares drop 5% after 40% rally on Nvidia's $1B investment. Analysts warn valuation already prices in uncertain partnership upside.
RAN base station will run all processing on the Nvidia GPU. T-Mobile to put the AI-RAN product into trials in 2026.
The partnership comes with a $1 billion Nvidia investment in Nokia, which lifted the telecom company's shares more than 25 percent in the hours after the announcement. Nvidia has also recently announced investments in Intel ( $5 billion) and OpenAI ( $100 billion ). The GPU biz has a lot of spare change lying around.