Key Points Nvidia is taking a $1 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 $1 billion inv ...