Nvidia to invest $1 billion in Nokia

Nvidia to invest $1 billion in Nokia

Nvidia will make a $1 billion equity investment in Nokia at a subscription price of $6.01 per share, the two companies announced.

With this investment, which is subject to certain customary closing conditions, Nokia will issue 166,389,351 new shares to Nvidia, giving it a 2.90% stake in the Finnish company…
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