Nokia shares Tech giant Nvidia has officially invested $1 billion in Nokia, sending the telecom company’s shares up by 20% in a single trading session. The strategic investment aims to deepen collaboration in AI networking, cloud computing, and 5G infrastructure development.
Nvidia CEO Jensen Huang stated that the partnership would “bring the power of AI to the heart of global connectivity,” while Nokia’s CEO Pekka Lundmark called the investment a “transformative step for next-generation networks.”
The collaboration will focus on AI-driven telecom systems, leveraging Nvidia’s GPU technology to enhance network performance, reliability, and energy efficiency.
Market experts predict the deal could significantly improve Nokia’s competitiveness, particularly in the enterprise 5G and edge computing segments.
With the global race for AI integration heating up, this Nvidia–Nokia alliance could redefine how telecom networks evolve in the coming decade.