NVIDIA takes $1B stake in Nokia
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NVIDIA's Billion-Dollar Bet Puts Nokia Back in the Growth Game
A dramatic jolt has reawakened Nokia’s (NYSE: NOK) stock, with a performance surge of over 65% year-to-date and a massive spike in trading volume, capturing the market’s attention. For years, the Finnish company was viewed by many as a legacy telecom sector player,
NVIDIA and Nokia team to accelerate the development and deployment of next-gen 6G connectivity, adding AI native mobile networks and infrastructure.
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.
MWL brings you our top three picks of the week as Nvidia backed Nokia to the tune of $1B, VMO2 teamed with Starlink and Amazon slashed jobs.
Nokia has announced that NVIDIA will take a $1 billion stake in the mobile technology firm. Nokia has announced that NVIDIA will take a $1 billion stake in the company. The strategic partnership will include development of 6G celluilar technology and funding for AI plans.
Nvidia announced Tuesday that it plans to invest $1 billion into Nokia as part of a major push by the company to expand in the telecom industry with a new AI platform.
Shares drop 5% after 40% rally on Nvidia's $1B investment. Analysts warn valuation already prices in uncertain partnership upside.
Nvidia takes a $1 billion stake in Nokia. Yes, Nokia, remember them? That’s a 2.9% stake, 166 million shares at $61.
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RAN base station will run all processing on the Nvidia GPU. T-Mobile to put the AI-RAN product into trials in 2026.
Nvidia commits $1 billion to acquire a 2.9 % stake in Nokia, aiming to build AI-networking infrastructure and signal next-gen connectivity strategy.