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Nvidia takes $1B stake in Nokia

cnbc.com

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Re: Nvidia takes $1B stake in Nokia

#21

Post by pavlov »

Nokia today is the combination of the network businesses of Nokia, Siemens, Alcatel and Lucent.

They have substantial operations in North America. T-Mobile uses primarily their hardware. Nokia still operates Bell Labs which came originally from AT&T via Lucent.

As the other global options for network hardware are Ericsson, Samsung and Huawei, Nokia is the closest to a “Made in USA” solution. Its HQ is in Finland but at least it’s a NATO country now.

So they’re more important to US infrastructure than might appear at first glance.

Re: Nvidia takes $1B stake in Nokia

#23

Post by foobarian »

ChrisArchitect wrote: post #22

Quietly supplying telecom equipment all this time, it really isn't the Nokia most know. Crazy that Nokia is still even a thing. Who noticed that logo had even changed (two years ago in 2023).

Honestly, I feel like this is what Nokia always was, and why they fell behind in consumer tech

Re: Nvidia takes $1B stake in Nokia

#24

Post by foobarian »

linhns wrote: post #11
bgwalter wrote: post #9

Microsoft (Elop and Ballmer) ruined Nokia's cell phone line that led to massive layoffs. Let's see if this investment leads to the final elimination of an EU tech company. Why does Finland permit this?

Nokia has been teetering on the edge for a period, so they would welcome such an investment.

Nokia has been at the edge of the abyss for a period, and then they made a giant leap forward /s

Re: Nvidia takes $1B stake in Nokia

#25

Post by amoshi »

dustbunny wrote: post #8

I think the US Gov probably "incentizied" Nvidias stake in Intel, and I wonder if they did here as well. It's like "if your going to sell chips to China, you have to spend some of the money funding non-Chinese tech". Nokia's capabilities to deliver 5G networks is a direct competitor to Huawei, right? Is Nvidia functionally an strategic hedge fund of the US Government? Would this fall under Jeffrey Sach's realm?

>I think the US Gov probably "incentizied" Nvidias stake in Intel, and I wonder if they did here as well.

They definitely did, Intel existing is probably an issue of national security at this point, if Intel fell then there'd be the risk of some other nation's company being part of the duopoly.

Re: Nvidia takes $1B stake in Nokia

#26

Post by triceratops »

bgwalter wrote: post #9

Microsoft (Elop and Ballmer) ruined Nokia's cell phone line that led to massive layoffs. Let's see if this investment leads to the final elimination of an EU tech company. Why does Finland permit this?

To be fair Nokia, like Blackberry, was effed the moment iPhone launched. Elop hastened the decline but it was coming regardless.

Re: Nvidia takes $1B stake in Nokia

#27

Post by jampekka »

bgwalter wrote: post #9

Microsoft (Elop and Ballmer) ruined Nokia's cell phone line that led to massive layoffs. Let's see if this investment leads to the final elimination of an EU tech company. Why does Finland permit this?

Nokia's market cap is over $40B, so $1B is not really Microsoft level coup. At least yet.

Re: Nvidia takes $1B stake in Nokia

#28

Post by chollida1 »

bgwalter wrote: post #9

Microsoft (Elop and Ballmer) ruined Nokia's cell phone line that led to massive layoffs. Let's see if this investment leads to the final elimination of an EU tech company. Why does Finland permit this?

Microsoft did no such thing. Nokia is very directly responsible for its own cell phone failings.

This line of thought really needs to die.

The Nokia board hired Elop from Microsoft because they wanted to bet the company on the Microsoft phone, full stop.

If you want to assign blame, then its on Nokia for wanting to pursue that strategy.

Re: Nvidia takes $1B stake in Nokia

#29

Post by echelon »

wnevets wrote: post #4

Add to the list of AI cash merry go round [1] [1] https://www.youtube.com/watch?v=h3JfOxx6Hh4

This isn't the gotcha everyone in the media thinks it is.

Nvidia is using its revenues to quickly invest in bets that are simultaneously customers.

If anything, it's a triple win.

- taking advantage of cash it needs to deploy

- making new investments in areas NVidia wants to shape

- making new customers that continue to buy Nvidia GPUs, especially if they're successful

Some of these ventures may fail, but it's better than distributing dividends or issuing stock buybacks if you believe this technology will be useful in the future.

Companies doing this purely off of equity, stock valuation, and product/services agreements are even smarter as they're using pure hype to fund strategy.

Re: Nvidia takes $1B stake in Nokia

#30

Post by netdevphoenix »

amoshi wrote: post #25
dustbunny wrote: post #8

I think the US Gov probably "incentizied" Nvidias stake in Intel, and I wonder if they did here as well. It's like "if your going to sell chips to China, you have to spend some of the money funding non-Chinese tech". Nokia's capabilities to deliver 5G networks is a direct competitor to Huawei, right? Is Nvidia functionally an strategic hedge fund of the US Government? Would this fall under Jeffrey Sach's realm?

>I think the US Gov probably "incentizied" Nvidias stake in Intel, and I wonder if they did here as well. They definitely did, Intel existing is probably an issue of national security at this point, if Intel fell then there'd be the risk of some other nation's company being part of the duopoly.

> They definitely did, Intel existing is probably an issue of national security at this point, if Intel fell then there'd be the risk of some other nation's company being part of the duopoly.

Mind elaborating? Who are the players in the duopoly?

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