:max_bytes(150000):strip_icc()/GettyImages-2242156603-dc5727a10ad043bb9d485108689c4b1c.jpg "Nvidia Says It’s Adding This Tech Company to Its Investment Portfolio. The Stocks Are Surging.")
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Key Takeaways
- Nokia’s stock soared Tuesday after Nvidia said it plans to take a $1 billion stake in the Finnish tech company. Nvidia shares also climbed.
- The deal marks Nvidia’s latest bet on AI infrastructure plays.
A vote of confidence from AI chipmaker Nvidia sent shares of another tech company soaring Tuesday.
Nvidia (NVDA) said it’s making a $1 billion investment in Nokia (NOK) in addition to a new strategic partnership, sending shares of the Finnish tech company up nearly 23%. With Tuesday’s gains, they’ve added about three-quarters of their value in 2025.
Nvidia said it will purchase nearly 166.4 million new Nokia shares at $6.01 each, and become a 2.9% shareholder of the Finnish firm. Nokia said it would use the proceeds “to accelerate its strategic plans to advance trusted connectivity for the AI supercycle and other general corporate purposes.”
Nokia, known for its early cellphones and mobile network products, has shifted its focus to cater to the booming AI data center market of late, and the investment by Nvidia marks its latest bet on AI infrastructure plays.
Why This News Is Significant
Nvidia’s $1 billion investment in Nokia marks the latest deal expanding its AI infrastructure push. The jump in Nokia’s stock following the news also speaks to Nvidia’s growing influence, with the ability to drive optimism about the stocks of companies it invests in.
Some of the other companies Nvidia has taken stakes in include AI cloud computing provider CoreWeave (CRWV) and AI chip designer Arm (ARM). CoreWeave represented the largest holding in Nvidia’s equity portfolio, with 24.3 million shares amounting to a roughly 7% stake in the company as of June, according to a regulatory filing.
Much like Nvidia, shares of Arm have added close to half of their value in 2025 as demand for AI chips has surged, while shares of CoreWeave have more than tripled from their initial public offering price of $40 in March.
Nvidia shares rose about 5% Tuesday to close at a record high after CEO Jensen Huang gave a keynote address at the company’s developers conference in Washington, D.C. highlighting its latest developments in AI and a flurry of announcements, including the partnership with Nokia.
This article has been updated since it was first published to include additional information and reflect more recent stock prices.
