Nvidia's Huang is set to give the keynote address at the GTC conference in Washington DC. Shares of Nvidia are trading at $193.23 up $1.73 or 0.90%. It is above the previous high close from October 9 at $192.57. Yesterday the price closed at $191.49.. The all-time intraday high reached $195.62. The intraday high price today has reached $195.47.
Earlier today, Nvidia (NVDA) announced it will make a $1.0 billion equity investment in Nokia (NOK) as part of a new strategic partnership between the two companies. Under the agreement, Nokia’s board has approved a directed share issuance to Nvidia, involving 166,389,351 new shares at a subscription price of $6.01 per share. The proceeds will help Nokia accelerate its strategic initiatives, particularly in advancing trusted connectivity for the AI supercycle, marking a significant collaboration aimed at integrating Nvidia’s AI expertise with Nokia’s telecommunications infrastructure.
To watch the keynote address, click on the link below.
