Nokia Stock Up 5% as It Partners with Nvidia and T-Mobile on Edge AI
Nokia shares jumped nearly 5% on Monday with 71 million shares traded, extending an 18-month AI-driven rally that lifted the stock to $8.82. The company also joined Nvidia and T-Mobile to power smart-city edge-AI networks, deploying AI workloads on 5G at the network edge for traffic management and utility inspection.
1. Stock Performance Surge
Nokia shares gained nearly 5% in a single session with 71 million shares changing hands, pushing the stock to $8.82 and marking its strongest one-day performance in years.
2. 18-Month AI-Driven Rally
The Finnish telecom equipment supplier has climbed steadily over the past 18 months on the promise of AI upgrades in its product lineup, though investors question whether the momentum can persist through 2026.
3. Smart City Edge AI Partnership
Nokia has teamed up with Nvidia and T-Mobile to deploy physical AI applications over distributed edge networks, leveraging Nvidia’s RTX PRO 6000 Blackwell servers on 5G for traffic management, utility inspection and industrial safety.
4. Historical Valuation Comparison
In 2007 Nokia posted €51.06 billion in revenue and €9.0 billion in operating income, compared with €19.89 billion and €1.54 billion in 2025; its current 2.01x EV/Sales multiple sits close to the 2007 level of 2.03x.