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Barchart
Anushka Dutta

A $4 Billion Reason to Buy Nokia Stock Now

Nokia Nvidia Jefferies Nokia Oyj

Finnish network infrastructure company Nokia Oyj (NOK) has announced that it will collaborate with the Trump administration to invest $4 billion to expand R&D and manufacturing in the U.S. This is in addition to Nokia’s $2.30 billion investment in U.S. manufacturing as part of its Infinera acquisition. The investment is expected to strengthen the company’s artificial intelligence (AI) optimized networking solutions in the country. 

In light of this development, we take a deeper look at Nokia.

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