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Why Did Nokia Stock Soar This Week?

TheMotleyFool

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Why Did Nokia Stock Soar This Week?: https://g.foolcdn.com/editorial/images/840703/nvidia-headquarters-with-nvidia-sign-in-front.png

Shares of Nokia (NYSE: NOK) spiked this week, finishing up 9.7%. The move came as the S 500 gained 0.7% and the Nasdaq-100 gained 2%.

After reporting better-than-expected numbers last Thursday, this week, Nokia announced that artificial intelligence (AI) powerhouse Nvidia is taking a $1 billion stake in the company.

Source Fool.com