Nvidia is investing $1 billion into Nokia
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Press ReleaseNokia and CNT launch Ecuador’s first 5G network, bringing ultra-fast connectivity to more EcuadoriansFirst commercial 5G mobile
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Why Nokia Stock Surged Today
As part of the deal, Nvidia plans to make a $1 billion investment in Nokia in exchange for a 2.9% stake in the Finnish networking pioneer. To facilitate the transaction, Nokia will issue 166,389,351 new shares, which Nvidia will purchase for $6.01 per share.
NOK stock falls after Nvidia's $1B investment. Nokia partners with Zayo to expand high-speed network infrastructure in North America.
Nokia stock jumped 10% on strong Q3 profits and AI-driven demand. Discover why NOK is now rated 'Buy' for growth and 5G innovation.
We recently published 10 Stocks Soaring by Double Digits; Uranium Stocks Leading. Nokia Oyj (NYSE:NOK) is one of the top-performing stocks on Tuesday. Nokia soared to a new all-time high on Tuesday after Nvidia Corp.