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NVIDIA Intends to Pour $1 Billion into Nokia
2025-10-28 /
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Author：小编
On October 28, news surfaced that NVIDIA (NVDA.O) is poised to make a substantial equity investment of $1 billion in Nokia, acknowledging the latter's strategic shift from mobile network equipment to the burgeoning realm of artificial intelligence. According to a joint statement issued by the two companies on Tuesday, Nokia is set to issue roughly 166 million shares to NVIDIA at a price of $6.01 per share. This move will enable NVIDIA to secure a 2.9% stake in Nokia. Both parties have stated that NVIDIA's cutting-edge chips will be harnessed to expedite the development of Nokia's 5G and 6G network software. In turn, NVIDIA will delve into the potential utilization of Nokia's data center technology within its AI infrastructure framework.
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