Nokia outlines AI-focused pivot with €1b NVIDIA investment and backing from Fidelity

Nokia Oyj has outlined a transformation into an AI-focused network infrastructure and digital licensing company, with NVIDIA committing a €1b investment aligned with this pivot and institutional investors including Fidelity backing the shift.

Nokia's AI infrastructure focus positions it in data center and AI network buildouts, an area where it competes with Cisco, Ericsson, and Juniper Networks. The company's existing Nokia Technologies segment already emphasizes high-margin patent licensing, which an AI-centric focus could expand.

The stock has delivered a 221.2% return over 5 years and is currently trading at €12.87. Investors are watching how the AI pivot translates into concrete product announcements, customer wins, and licensing activity.