Globenewswire·2025-10-28 15:30Core Viewpoint - NVIDIA is set to make a USD 1.0 billion equity investment in Nokia, acquiring approximately 2.90% of the company through a directed share issuance at a price of USD 6.01 per share, aimed at enhancing collaboration in AI and cloud networking solutions [2][3][9]. Investment Details - Nokia's Board has approved the issuance of 166,389,351 new shares to NVIDIA, which will result in an effective capital contribution of approximately USD 1.0 billion (EUR 0.86 billion) [2][5]. - The subscription price of USD 6.01 (EUR 5.16) per share was determined through negotiations between Nokia and NVIDIA, with independent legal and financial advice considered to ensure fairness [5][6]. Strategic Partnership - The partnership aims to advance Nokia's strategic plans for trusted connectivity in the AI supercycle and enhance its presence in the AI and cloud market [3][9]. - Nokia plans to accelerate the development of its 5G and 6G RAN software to operate on NVIDIA's architecture and will invest in data center-aligned networking solutions [3][9]. Share Issuance and Trading - Following the share issuance, the total number of Nokia shares is expected to reach 5,742,239,696, with the new shares representing approximately 2.90% of the total shares post-issuance [8]. - The new shares will be delivered to NVIDIA in the form of American Depositary Shares and are expected to be registered with the Finnish Trade Register in November [7][8]. Conference Call - Nokia will hold a press and investor conference call on 28 October 2025 to discuss the strategic partnership and investment details [4][12].