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1 Nvidia-Backed AI Stock Insiders Are Quietly Loading Up On

Nokia may be quietly transforming into one of the market's most overlooked AI infrastructure plays.

1 Nvidia-Backed AI Stock Insiders Are Quietly Loading Up On

Published July 30, 2026 · Category: Finance

Overview

For years, Nokia (NYSE: NOK) was a stock investors had left for dead, a fading maker of telecom equipment best remembered for phones it stopped making long ago. It's also remembered for its brief stint as a meme stock. But something has changed. Nokia has become an artificial intelligence (AI) play with a powerful backer in Nvidia (NASDAQ: NVDA), and its own executives have been buying shares hand over fist. When the people who know a company best put their money in, it is worth paying attention.

Image source: Getty Images.

In October 2025, Nvidia invested $1 billion in Nokia, taking a stake of roughly 3% and forging a partnership to build what the two call "the AI platform for 6G." The idea, known as AI-RAN, is to incorporate Nvidia's chips and AI directly into the radio networks that carry mobile traffic, making those networks smarter and far more efficient. This is Nvidia's push to extend AI beyond the data center and into the world's telecom networks, and Nokia is its chosen partner.

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Originally published at www.fool.com.

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