𝐉𝐔𝐒𝐓 𝐈𝐍: NVIDIA invests $1 billion in Nokia as companies form strategic partnership - $NVDA $NOK
𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:
➤ 𝐍𝐕𝐈𝐃𝐈𝐀 to invest $1 billion in 𝐍𝐨𝐤𝐢𝐚 via directed share issue.
➤ Investment price set at $6.01 per share.
➤ NVIDIA to acquire a 2.90% stake in Nokia.
➤ Nokia will issue 166,389,351 new shares to NVIDIA.
➤ Shares to be delivered as American Depositary Shares (ADS).
➤ Proceeds to fund AI connectivity and corporate initiatives.
➤ Partnership focuses on AI-RAN and data center networking.
➤ Nokia to adapt 5G/6G RAN software to run on NVIDIA architecture.
➤ Joint exploration of optical and switching tech for AI infrastructure.
➤ New shares expected to register in November 2025.