Overview
- Nvidia’s shares rose about 5% to roughly $210–212, lifting its market capitalization past $5 trillion for the first time.
- The company agreed to buy a 2.9% stake in Nokia for $1 billion as the firms launch collaboration on AI-RAN for telecom networks and data-center networking.
- Nokia’s leadership framed the partnership as accelerating AI-native networks and laying groundwork for 6G through Nvidia’s accelerated computing expertise.
- Recent reports also describe Nvidia’s $100 billion commitment to help OpenAI build data centers, reinforcing the company’s end-to-end AI infrastructure ambitions.
- Analysts credit surging AI demand and Nvidia’s broader stack beyond chips while warning that lofty valuations heighten sensitivity to negative news.