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Nokia Bulls Delight as Nvidia Deal Fuels Europe’s Latest AI Play
Yahoo Finance· 2025-10-31 17:37
Deeper ties with Nvidia could bring Nokia’s optical network offerings closer to hyperscalers like Microsoft Corp. This week’s big rally in Nokia Oyj shares underscores how the 5G equipment maker and once-iconic phone brand is now emerging as a major European artificial intelligence play. Most Read from Bloomberg The stock is poised for its steepest weekly gain since January 2024, capping its best month since 2013, after Nvidia Corp. agreed to take a $1 billion equity stake in the Finnish company. Nvidia’ ...