Nvidia has a near-monopoly in supplying chips for data centers and has partnered with companies ranging from OpenAI to Microsoft (MSFT.O)
“This is a strong endorsement of Nokia’s capabilities,” said PP Foresight analyst Paolo Pescatore, adding: “Next-generation networks, such as 6G, will play a significant role in enabling new AI-powered experiences”.
Nokia’s shares closed up 20.86% after the deal announcement, a high last touched in late January 2016.
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