Nokia shares In a powerful show of investor confidence, Nokia’s stock price jumped 20% after Nvidia revealed a $1 billion investment to expand collaboration in AI-based telecom technologies.
The deal underscores Nvidia’s growing interest in networking and telecommunications, sectors increasingly driven by artificial intelligence and automation.
Nokia plans to use the funding to accelerate R&D in AI-enabled 6G and cloud infrastructure, while Nvidia will integrate its AI computing platforms into Nokia’s network products.
The announcement comes at a time when global telecom companies are racing to adopt AI to optimize data traffic, cybersecurity, and spectrum efficiency.
Financial experts say this partnership could help Nokia regain momentum in the global telecom market, especially after years of stiff competition. The 20% surge in Nokia’s stock reflects renewed investor optimism and technological promise for the company’s future.