Nokia: Critical AI Infrastructure In A Telecom Wrapper
Asymmetrical Bets
· Asymmetrical Bets
· May 18, 2026 at 21:15
· ⏱ 2 min read
| Read on Substack ↗
Summary
The author highlights Nokia's massive recent outperformance, noting the stock has more than doubled in 2026. The piece serves as a teaser to explain why Nvidia CEO Jensen Huang recently acquired a 3% stake in the telecom giant, framing Nokia as critical AI infrastructure.
•Nokia's stock has surged 160% over the past year, doubling in 2026 alone.
•Nvidia CEO Jensen Huang has reportedly purchased a 3% stake in Nokia.
•The author attended Nvidia GTC, observing high interest in Nebius, Vera Rubin, and Micron's HBM4 chips.