Nvidia takes $1 billion stake in Nokia, sending the 5G equipment maker's shares up 18%
Visitors at Nokia (Nokia is a Finnish telecom, IT, and electronics company) Pavilion during the India Mobile Congress 2025 exhibition at Yashobhoomi. Pradeep Gaur | SOPA Images | Lightrocket | Getty ImagesNokia announced on Tuesday that Nvidia is taking a $1 billion stake in the networking company, the latest partnership for the artificial intelligence chipmaker.Nokia shares soared 18% higher following the news.Nokia will issue over 166 million new shares and will use the proceeds to fund its pl...
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