Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
positive
2 days agoNvidia to buy 2.9% stake in Nokia for $1 billion, boosting telecom collaboration
Nvidia announced plans to acquire a 2.9 percent equity stake in Finnish telecom leader Nokia for approximately $1 billion, signaling a strategic partnership focused on AI-driven 5G networks. Nokia’s shares surged nearly 20 percent on the news. The deal aims to integrate Nvidia’s AI computing hardware into Nokia’s infrastructure systems, strengthening edge networking and low-latency data processing. Industry analysts said the move could accelerate AI workloads in telecom deployments while diversifying Nvidia’s portfolio beyond data centers. The transaction remains subject to European regulatory approval.
Explore:Mutual Fund Screening
positive
2 days agoNvidia to buy 2.9% stake in Nokia for $1 billion, boosting telecom collaboration
Nvidia announced plans to acquire a 2.9 percent equity stake in Finnish telecom leader Nokia for approximately $1 billion, signaling a strategic partnership focused on AI-driven 5G networks. Nokia’s shares surged nearly 20 percent on the news. The deal aims to integrate Nvidia’s AI computing hardware into Nokia’s infrastructure systems, strengthening edge networking and low-latency data processing. Industry analysts said the move could accelerate AI workloads in telecom deployments while diversifying Nvidia’s portfolio beyond data centers. The transaction remains subject to European regulatory approval.
Explore:Mutual Fund Screening
positive
Nvidia to buy 2.9% stake in Nokia for $1 billion, boosting telecom collaboration
2 days ago
1 min read
84 words
Nvidia will invest $1 billion for a 2.9% stake in Nokia, aligning AI computing with 5G telecom infrastructure and boosting Nokia shares by 20%.
Nvidia announced plans to acquire a 2.9 percent equity stake in Finnish telecom leader Nokia for approximately $1 billion, signaling a strategic partnership focused on AI-driven 5G networks. Nokia’s shares surged nearly 20 percent on the news. The deal aims to integrate Nvidia’s AI computing hardware into Nokia’s infrastructure systems, strengthening edge networking and low-latency data processing. Industry analysts said the move could accelerate AI workloads in telecom deployments while diversifying Nvidia’s portfolio beyond data centers. The transaction remains subject to European regulatory approval.
Nvidia announced plans to acquire a 2.9 percent equity stake in Finnish telecom leader Nokia for approximately $1 billion, signaling a strategic partnership focused on AI-driven 5G networks. Nokia’s shares surged nearly 20 percent on the news. The deal aims to integrate Nvidia’s AI computing hardware into Nokia’s infrastructure systems, strengthening edge networking and low-latency data processing. Industry analysts said the move could accelerate AI workloads in telecom deployments while diversifying Nvidia’s portfolio beyond data centers. The transaction remains subject to European regulatory approval.
Companies:
Nvidia
Nokia
Tags:
AI
telecom
AI
telecom
Nvidia
Nokia
stocks
partnership
Oct 28, 2025 • 18:31 IST