Nokia shares rose 21% after Nvidia bought a $1 billion stake for 2.9% ownership
Nokia shares went wild Tuesday, jumping by 21% after the company said Nvidia is throwing in $1 billion for a 2.9% stake. The Finnish telecom equipment maker will issue over 166 million new shares to lock in the deal, and every cent is going toward AI and corporate projects. Nokia's stock had initially spiked 26% [...]