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Nvidia takes $1B stake in Nokia

Nvidia takes $1B stake in Nokia

kjhughes

Comments (137)

  • nrmitchi
    Nvidia seems to be operating more like a sovereign wealth fund than a traditional business. They have a very-in-demand product, that is not likely to last forever, and is getting their fingers in as many pies as possible with the money and influence while they have it.
  • pavlov
    Nokia today is the combination of the network businesses of Nokia, Siemens, Alcatel and Lucent.They have substantial operations in North America. T-Mobile uses primarily their hardware. Nokia still operates Bell Labs which came originally from AT&T via Lucent.As the other global options for network hardware are Ericsson, Samsung and Huawei, Nokia is the closest to a “Made in USA” solution. Its HQ is in Finland but at least it’s a NATO country now.So they’re more important to US infrastructure than might appear at first glance.
  • dustbunny
    I think the US Gov probably "incentizied" Nvidias stake in Intel, and I wonder if they did here as well.It's like "if your going to sell chips to China, you have to spend some of the money funding non-Chinese tech".Nokia's capabilities to deliver 5G networks is a direct competitor to Huawei, right?Is Nvidia functionally an strategic hedge fund of the US Government? Would this fall under Jeffrey Sach's realm?
  • protocolture
    Diversify before the AI money dries up.
  • nasmorn
    The stock of NVIDIA can buy the 230 smallest S&P 500 companies. Which are still quite big companies. I recently learned this fact and I think it is pretty wild.
  • greatgib
    Maybe they got so much money with the AI boom that they don't know anymore what to do with the cash at hand and so starts to invest it in direct now.
  • sherinjosephroy
    Interesting move. Nvidia’s already owning the AI hardware space, and now teaming with Nokia shows telecoms want a piece of it too. Feels like the next battle is about who controls the data pipes, not just the chips.
  • wnevets
    Add to the list of AI cash merry go round [1][1] https://www.youtube.com/watch?v=h3JfOxx6Hh4
  • f4uCL9dNSnQm
    I always forget that Nokia bought out Siemens part of "Nokia Siemens Networks" and it is now just "Nokia networks".
  • _trampeltier
    Based on the stock price, some people knew it already a week ago :-)
  • mgh2
    What exactly is "AI-RAN"?
  • baal80spam
    ITT: Bubblers in full force!
  • randomname4325
    Does this signal the a big market for AI processing is at the edge?
  • iszomer
    That growing narrative regarding all these AI-centric companies "funding each other" is beginning to look a lot like Attrition.org's (former) sexchart..
  • anovikov
    Circular deals marching on
  • ngcc_hk
    Given 5g patent mostly h, usa has missed the boat. Somehow has to find its way back or be dominated. Not necessarily can build an empire or even a duopoly… but at least stay in the game like Intel. Understandable from usa point of view.
  • cinntaile
    Why? I don't get what's in it for Nvidia or Nokia?AI on IoT devices?
  • ChrisArchitect
    Quietly supplying telecom equipment all this time, it really isn't the Nokia most know. Crazy that Nokia is still even a thing. Who noticed that logo had even changed (two years ago in 2023).
  • hypeatei
    The bubble burst is going to be devastating for these smaller companies caught up in the frenzy. I'm staying invested in companies like Alphabet that are taking part in the race but offer more than just AI hopium.
  • bgwalter
    Microsoft (Elop and Ballmer) ruined Nokia's cell phone line that led to massive layoffs.Let's see if this investment leads to the final elimination of an EU tech company. Why does Finland permit this?
  • klaussilveira
    Finally. NOK to the moon. Now do BB.
  • anon
    undefined
  • unit149
    [dead]