NVIDIA invests $1B 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 is investing $1 billion to enable Nokia to accelerate development of a 6G platform to support artificial intelligence networks and infrastructure.
RAN base station will run all processing on the Nvidia GPU. T-Mobile to put the AI-RAN product into trials in 2026.
NVIDIA and Nokia team to accelerate the development and deployment of next-gen 6G connectivity, adding AI native mobile networks and infrastructure.
Shares drop 5% after 40% rally on Nvidia's $1B investment. Analysts warn valuation already prices in uncertain partnership upside.
Nokia CEO Justin Hotard says AI is a "super cycle," where the "long-term prospects are massive."
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 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.