A large volume of long-dated put options has traded in Nokia stock following Nvidia, Inc.'s $1 billion stake in new NOK shares. Nokia, which makes 5G cellular equipment, will use the money for AI-related investments.

Nokia’s shares surged over 20% this week after Nvidia stock revealed a $1 billion investment forming a new alliance to develop AI-driven networking and 6G infrastructure.

The chipmaker has made dozens of investments in AI-related companies just this year, including its latest in Nokia.

Shares of Nokia (NASDAQ: NOK) surged 25% yesterday after Nvidia (NASDAQ: NVDA) announced a $1 billion strategic investment to accelerate AI-powered 6G infrastructure development. The stock rocketed from $6.

RAN base station will run all processing on the Nvidia GPU. T-Mobile to put the AI-RAN product into trials in 2026.

Nokia Corp. (NOK) became the top trending ticker on Stocktwits after multiple Wall Street price target hikes following Nvidia Corp.’s (NVDA) announcement of a $1 billion investment in the Finnish telecom equipment maker to accelerate AI-RAN innovation and lead the transition from 5G to 6G.

Nvidia became the first company to surpass $5 trillion in market value after a fresh rally driven by AI-chip demand.

NVIDIA CEO Jensen Huang’s 90-minute keynote was a quiet statement of American power – kinda. But he had some surprises up his leather sleeve.