NVIDIA takes $1B stake in Nokia
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6G, NVIDIA and AI
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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.
A large volume of long-dated put options has traded in Nokia stock following Nvidia, Inc.'s $1 billion stake in new NOK shares. Nokia, which makes 5G cellular equipment, will use the money for AI-related investments.
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.
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Nokia Sees Price Target Hikes After Nvidia’s $1B Investment
Nokia Corp. (NOK) became the top trending ticker on Stocktwits after multiple Wall Street price target hikes following Nvidia Corp.’s (NVDA) announcement of a $1 billion investment in the Finnish telecom equipment maker to accelerate AI-RAN innovation and lead the transition from 5G to 6G.
RAN base station will run all processing on the Nvidia GPU. T-Mobile to put the AI-RAN product into trials in 2026.
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.
The Finnish telecom equipment maker announced a strategic alliance with the U.S. chip giant focused on AI-powered radio access networks (AI-RAN) and data center networking. As part of the deal, Nvidia will invest $1 billion in Nokia shares, equivalent to roughly 2.9% of its outstanding stock.
EETInside Information: NVIDIA to make USD 1.0 billion equity investment in Nokia in addition to new strategic partnership – Nokia’s Board resolved on directed share issuance to NVIDIA NVIDIA to invest USD 1.