Overview
- Nvidia became the first company to exceed a $5 trillion market capitalization, with shares trading around $210–$212 for a value above $5.1 trillion.
- Nokia said Nvidia will buy a 2.9% stake for $1 billion by subscribing to roughly 166 million new shares at $6.01 each.
- The transaction includes a partnership to develop AI for telecom networks and data‑center networking, with Nokia highlighting AI‑RAN and a path toward AI‑native 6G.
- Nokia’s stock jumped more than 20% in Helsinki after the announcement, reflecting investor enthusiasm for the tie‑up.
- Recent moves underscore Nvidia’s full‑stack AI strategy, with reported commitments such as $100 billion to support OpenAI data centers and participation in a consortium to acquire Aligned Data Centers, even as analysts caution that lofty valuations could be vulnerable to setbacks.