Reported about 13 hours ago
Nvidia announced a $1 billion investment in Nokia, significantly boosting Nokia's stock by nearly 23% and affirming Nvidia's role in expanding AI infrastructure. This investment, where Nvidia will acquire approximately 166.4 million shares, underscores Nokia's strategic shift towards the AI data center market. Nvidia's influence on the market is evident as their shares also rose, reflecting optimism in AI-linked ventures.
Source: YAHOO