Why Is Nvidia Investing $1 Billion In Nokia's AI Future?

Nokia Corporation (NYSE:NOK) jumped Tuesday after Nvidia Corporation (NASDAQ:NVDA) agreed to invest $1 billion for a 2.9% stake and partner on AI networking. The move brings fresh capital to Nokia and deepens cooperation between the firms in artificial intelligence and high-performance connectivity. Nokia said the funds will support its broader strategy and strengthen its product roadmap for the coming “AI supercycle.”