Nvidia's $1B Investment Signals Future Catalyst for Nokia's 6G Ambitions
"Press release from just yesterday. Nvidia is going to invest 1 billion in Nokia to accelerate this AI ran, radio access network. And that's going to be important as there's this transition from 5G, which we're currently on, to six G, which is targeted for initial rollout in 2030."
The commentary highlights Nvidia's recent $1B investment in Nokia as a strategic move to secure supply chain control and to boost Nokia's development of six G technology and AI-driven radio access networks. Despite Nokia's recent challenges, this move is seen as a potential long-term catalyst for reversing declining trends and capturing future telecom infrastructure growth.
Nokia Receives Strong Endorsement from Nvidia
"Nokia, speaking of deals, um thank you very much uh Nvidia. We did see Nokia ADRs that trade in the US soaring in today's session up about 22%. Nvidia planning to make a $1 billion equity investment in Nokia. Uh that's as we have reported out kind of a vindication that uh Nokia's pivot from mobile networking kit into AI by uh the sector's kingmaker. I mean listen that is a big endorsement from Nvidia for Nokia."
Nokia is receiving a strong bullish signal from Nvidia's planned $1 billion equity investment, which is seen as a vindication of its strategic pivot into AI and has pushed its ADRs up by about 22%.
Nokia's Breakout Potential with Nvidia Deal
"I also want to talk about Nokia. They got a huge deal with Nvidia. Now, last Thursday in a live trading power hour session with Mark from Tribal Trades in the Stocks with Josh Discord, we talked about Nokia. And in today's session, I might cover that stock technically. Nokia got a big deal with Nvidia and this is also a massive underdog story. Even when it was running around seven I came out and let everybody know we had resistance at 8 and 10."
The speaker highlights Nokia's significant deal with Nvidia and frames it as a massive underdog story with breakout potential. He notes that technical resistance levels exist at $8 and $10, suggesting a potential short-term trading opportunity.