Nvidia Says It's Adding This Tech Company to Its Investment Portfolio. The Stocks Are Surging.
Update: 2025-10-29
Description
Nokia's stock surges after Nvidia invests $1 billion, becoming a 2.9% stakeholder. The partnership aims to advance AI-driven data centers and network products, with Nokia using the funds to speed up strategic plans. Nvidia's investment in Nokia, along with its stakes in CoreWeave and Arm, solidifies its leadership in the AI market. The deal is expected to accelerate innovation and collaboration between the two companies in building next-generation AI infrastructure.
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