The technology world is becomi

The technology world is becoming even more interconnected — this time as Nvidia Corp. plans to take a billion-dollar stake in Nokia Corp.

The equity investment comes alongside a new strategic partnership between the chip maker and the Finnish maker of networking infrastructure, moves that the companies say could generate “significant value” for both players.

Here are the key details:

Nokia's board resolved to issue 166,389,351 new shares to Nvidia at a price of US$6.01 per share.

After the transaction, Nvidia would hold approximately 2.90 % of Nokia’s total shares.

The investment is tied to a strategic partnership between the two companies focused on networking for the AI era — in particular 5G/6G RAN (radio access network) software and data-centre networking solutions.

Sorry, this post has been deleted

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":494161339085288,"tweetId":"494161339085288","gmtCreate":1761671056173,"gmtModify":1761672258120,"author":{"id":3575196385895354,"idStr":"3575196385895354","authorId":3575196385895354,"authorIdStr":"3575196385895354","name":"Cedric77","avatar":"https://static.tigerbbs.com/e5ee082b05004f20d3486afedee30814","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.15","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":220,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body>The technology world is becoming even more interconnected — this time as Nvidia Corp. plans to take a billion-dollar stake in Nokia Corp.\nThe equity investment comes alongside a new strategic partnership between the chip maker and the Finnish maker of networking infrastructure, moves that the companies say could generate “significant value” for both players.\nHere are the key details:\nNokia's board resolved to issue 166,389,351 new shares to Nvidia at a price of US$6.01 per share.\nAfter the transaction, Nvidia would hold approximately 2.90 % of Nokia’s total shares.\nThe investment is tied to a strategic partnership between the two companies focused on networking for the AI era — in particular 5G/6G RAN (radio access network) software and data-centre networking solutions.&nbsp;</body></html>","htmlText":"<html><head></head><body>The technology world is becoming even more interconnected — this time as Nvidia Corp. plans to take a billion-dollar stake in Nokia Corp.\nThe equity investment comes alongside a new strategic partnership between the chip maker and the Finnish maker of networking infrastructure, moves that the companies say could generate “significant value” for both players.\nHere are the key details:\nNokia's board resolved to issue 166,389,351 new shares to Nvidia at a price of US$6.01 per share.\nAfter the transaction, Nvidia would hold approximately 2.90 % of Nokia’s total shares.\nThe investment is tied to a strategic partnership between the two companies focused on networking for the AI era — in particular 5G/6G RAN (radio access network) software and data-centre networking solutions.&nbsp;</body></html>","text":"The technology world is becoming even more interconnected — this time as Nvidia Corp. plans to take a billion-dollar stake in Nokia Corp. The equity investment comes alongside a new strategic partnership between the chip maker and the Finnish maker of networking infrastructure, moves that the companies say could generate “significant value” for both players. Here are the key details: Nokia's board resolved to issue 166,389,351 new shares to Nvidia at a price of US$6.01 per share. After the transaction, Nvidia would hold approximately 2.90 % of Nokia’s total shares. The investment is tied to a strategic partnership between the two companies focused on networking for the AI era — in particular 5G/6G RAN (radio access network) software and data-centre networking solutions.","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/494161339085288","repostId":2578299706,"repostType":2,"isVote":1,"tweetType":1,"viewCount":914,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["NVDA","NOK"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":659,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/494161339085288"}