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Why Did Nokia Stock Soar This Week?

The Motley Fool Logo The Motley Fool By Johnny Rice
Why Did Nokia Stock Soar This Week?

Nokia's stock jumped 9.7% after Nvidia invested $1 billion, with plans to collaborate on 6G networking technology and adapt Nokia's software to run on Nvidia's chips.

Insights
BL   neutral

Mentioned as a top holding with no detailed performance context


NOK   positive

Received significant investment from Nvidia, potential for growth in AI data center market, and strategic partnership for next-generation networking technology