Nvidia takes $1B stake in Nokia • Hacker News Board

Re: Nvidia takes $1B stake in Nokia

#41

Post by basiccalendar74 » Tue, Oct 28, 2025, 5:43 PM UTC

readthenotes1 wrote: post #6

greatgib wrote: post #3

Maybe they got so much money with the AI boom that they don't know anymore what to do with the cash at hand and so starts to invest it in direct now.

I was reading an article earlier today that said passive investing is more than 50% of the market--and since most ETFs allocate by market cap, it causes a reinforcing feedback loop for market cap leaders.

Passive investing is not an issue, but the default bias towards large cap equities like SP500, Nasdaq100. Passive investing through total market ETFs (like VTI) maintains the status quo.

For example, if they are only two companies, say with 1T and 4T market cap. If one invests 5M into a total market ETF, 1M is allocated to company A and 4M to company B. But since company B is 4x bigger than company A, the upward price pressure is the same for both companies.

Re: Nvidia takes $1B stake in Nokia

#42

Post by tgma » Tue, Oct 28, 2025, 5:45 PM UTC

rhetocj23 wrote: post #33

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?

MSFT accelerated the invetiable. There was just no way Nokia could match Apple on the OS who spent years prior to the idea of a smartphone making it a good match for the hardware of the time. And MSFT deservedly got punished for not investing in creating a better OS and Apple deservedly rewarded for doing so.

They may never have had the chance to beat Apple but they could certainly have bet on Android instead of Windows Phone and today they probably would have been in a different place like Samsung.

Re: Nvidia takes $1B stake in Nokia

#43

Post by pjmlp » Tue, Oct 28, 2025, 5:52 PM UTC

ptx wrote: post #38

pjmlp wrote: post #34

Earlier quoted context omitted.

Yes they did, a few Symbian models used touch, as did original Maemo device that only did wlan initially. https://en.wikipedia.org/wiki/Nokia_7710 https://en.wikipedia.org/wiki/Nokia_770_Internet_Tablet

All the Symbian devices used resistive touch screens, though, didn't they? E.g. the Sony Ericsson Vivaz. So the user experience was not quite the same as with capacitive touch.

It is still touch, and yes you could use finger nails as well on those models.

However you have not read the links, not all models were alike.

> The Nokia 7710 is a mobile phone developed by Nokia and announced on 2 November 2004.[1] It was the first Nokia device with a touchscreen

Re: Nvidia takes $1B stake in Nokia

#44

Post by addei » Tue, Oct 28, 2025, 5:55 PM UTC

rzerowan wrote: post #36

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?

Not a direct competitor, they are at a No3 slot behind Ericsson with a small global footprintmainly concentrated in NorthAmerica and some EU markets. However most of the 5G/5G+ patents are Huawei owned and FRAND so in any case the entiti in the drivers seat is H , thas why even the whole OpenRAN project didnt get far. Most likely like you surmiseits a geo-political hedge play.

Correct if I am wrong, but it is also noted that most essential 5G related patents are held by trio of Qualcomm, Ericsson and Nokia.

Re: Nvidia takes $1B stake in Nokia

#45

Post by cinntaile » Tue, Oct 28, 2025, 6:02 PM UTC

Why? I don't get what's in it for Nvidia or Nokia?

AI on IoT devices?

Re: Nvidia takes $1B stake in Nokia

#46

Post by mrweasel » Tue, Oct 28, 2025, 6:02 PM UTC

sherinjosephroy wrote: post #2

[flagged]

I was thinking more that they already own Mellanox, so it makes sense to buy into a networking company. Nokia still makes telecom gear, but they also make switches and routers.

Re: Nvidia takes $1B stake in Nokia

#47

Post by Insanity » Tue, Oct 28, 2025, 6:03 PM UTC

triceratops wrote: post #26

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.

It's not quite the same, BlackBerry was mostly a 'phone' company and not a 'full telecom' company, in terms of hardware the produced. Nokia has other products that are more b2b than b2c.

Re: Nvidia takes $1B stake in Nokia

#48

Post by tremon » Tue, Oct 28, 2025, 6:04 PM UTC

KK7NIL wrote: post #35

netdevphoenix wrote: post #30

Earlier quoted context omitted.

> 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?

Presumably referring to the logic foundry business where TSMC is the monopoly power and Intel, Samsung and SMIC are looking to turn it into a duopoly.

Or they could be referring to the Wintel monopoly (Windows+Intel), or the x86 duopoly (Intel+AMD), or the FPGA duopoly (Altera=>Intel + Xilinx=>AMD)...

Re: Nvidia takes $1B stake in Nokia

#49

Post by [deleted] » Tue, Oct 28, 2025, 6:05 PM UTC

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?

[deleted]

Re: Nvidia takes $1B stake in Nokia

#50

Post by rzerowan » Tue, Oct 28, 2025, 6:19 PM UTC

addei wrote: post #44

rzerowan wrote: post #36

Earlier quoted context omitted.

Not a direct competitor, they are at a No3 slot behind Ericsson with a small global footprintmainly concentrated in NorthAmerica and some EU markets. However most of the 5G/5G+ patents are Huawei owned and FRAND so in any case the entiti in the drivers seat is H , thas why even the whole OpenRAN project didnt get far. Most likely like you surmiseits a geo-political hedge play.

Correct if I am wrong, but it is also noted that most essential 5G related patents are held by trio of Qualcomm, Ericsson and Nokia.

Yep the big three plus Huawei with a bit of an edge on them with te standard essential patent , that they collaborate in a pool with.Although in the matter of mobile modems/radios Qualcomm has an edge over all the others - not so much in the backend/longhaul telco space. Additionally if i recall most of the 6G stuff is being pushed by Huawei since most of it rests on the current 5G/5G+ work.