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Nokia shares surge after Nvidia CEO highlights it as an AI opportunity

Market News
21 Oct 2026
Barrons
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Bullish
Nokia shares surge after Nvidia CEO highlights it as an AI opportunity

Nokia's stock jumped in early trading following a mention by Nvidia CEO Jensen Huang during his keynote at GTC Berlin, where he emphasized that any company can become an AI company. This endorsement positions Nokia as a player in the growing AI sector, potentially attracting new investor interest. The move reflects a broader trend of traditional telecom firms being seen as relevant in the AI-driven future. Investors will be watching how Nokia leverages this recognition in its business strategy moving forward.

Nokia shares on Pluang trade at USD 9.20 as of Oct 21, 2026, 22:51 WIB, up 2.00% for the day. The stock shows strong investor interest with 62% of orders to buy. Its market cap stands at $51.10 billion, reflecting significant scale in the tech sector.

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