Nokia Shares Slide as AI Restructuring Raises Doubts
Nokia stock drops 8% despite AI pivot plans. Investors question transformation strategy lacking new partnerships amid concerns over returns.
Nokia stock drops 8% despite AI pivot plans. Investors question transformation strategy lacking new partnerships amid concerns over returns.
President Trump will discuss Nvidia's advanced Blackwell AI chips with President Xi Jinping as the chipmaker approaches a $5 trillion market cap, potentially reshaping U.S.-China tech relations and AI trade dynamics.
NVIDIA makes a $1 billion equity investment in Nokia, acquiring a 2.9% stake to boost AI-driven 5G and 6G innovation. The partnership aims to strengthen Nokia’s role in AI networking and data center solutions.
Nokia's Q3 profit jumps past expectations driven by AI and cloud services. Shares hit 3-year high as data center strategy pays off, with CEO predicting AI "supercycle" ahead.