5G-Advanced and 6G networks
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Nokia (NOK) Rockets to Fresh Record High on Nvidia $1-Billion Backing
Yahoo Financeยท 2025-10-29 14:04
Core Insights - Nokia Oyj (NYSE:NOK) reached an all-time high stock price following a $1 billion investment and partnership announcement from Nvidia Corp. aimed at developing AI technologies for 5G-advanced and 6G networks [1][3]. Stock Performance - During intra-day trading, Nokia's stock peaked at $8.19 before closing at $7.77, reflecting a 22.84% increase [2]. - Nvidia plans to purchase $1 billion worth of Nokia shares at $6.01 each, integrating AI-RAN products into Nokia's RAN portfolio [2]. Partnership and Market Potential - The collaboration between Nvidia and Nokia is set to enable communication service providers to launch AI-native 5G-Advanced and 6G networks, marking a new era in wireless technology [3]. - The partnership aims to capitalize on a projected $200 billion RAN market opportunity by 2030 [2]. Industry Collaboration - T-Mobile US will work with Nokia and Nvidia to test AI-RAN technologies, with trials expected to commence in 2026 to validate performance and efficiency improvements [4].