Key Points Nvidia is taking a 1billionstakeinNokia.NokiaCEOJustinHotardplanstousetheproceedsto"putanAIdatacenterintoeveryone′spocket."10stockswelikebetterthanNokiaOyj›SharesofNokia(NYSE:NOK)soaredby231 billion stake in Nokia. Nokia CEO Justin Hotard plans to use the proceeds to "put an AI data center into everyone's pocket." 10 stocks we like better than Nokia Oyj › Shares of Nokia (NYSE: NOK) soared by 23% on Tuesday after the telecom equipment provider announced a billion-dollar partnership with artificial intelligence (AI) titan Nvidia (NASDAQ: NVDA). Image source: Getty Images. Entering the AI arena As part of the deal, Nvidia plans to make a 1billionstakeinNokia.NokiaCEOJustinHotardplanstousetheproceedsto"putanAIdatacenterintoeveryone′spocket."10stockswelikebetterthanNokiaOyj›SharesofNokia(NYSE:NOK)soaredby231 billion inv ...
Yahoo Finance·2025-10-29 05:57