By Trefis Team
Publication Date: 2026-05-27 15:26:00
SHENZHEN, CHINA – APRIL 18: In this photo illustration, a smartphone displays the logo of Nokia Corporation (NYSE: NOK), a Finland-based telecommunications and network equipment company, in front of a screen showing the company’s latest stock market chart on April 18, 2026 in Shenzhen, Guangdong Province, China. (Photo illustration by Cheng Xin/Getty Images)
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This article was written and reviewed by Doug Nathman and his team at Trefis. For questions, email help@trefis.com
Nokia stock (NYSE:NOK) originated in 1865 as a paper mill. As of 2026, it has remarkably emerged as one of the most sought-after AI infrastructure stocks in the market.
NOK has increased approximately 140% since the start of the year, rising from around $6.50 to a 52-week peak of $15.78 in May. The pivotal moment occurred in October 2025 when Nvidia infused $1 billion into Nokia at a price of $6.01 per share, acquiring roughly a 3% equity stake.
This collaboration emphasizes AI-RAN, a framework that integrates AI operations with wireless networking infrastructure. Nokia and Nvidia are jointly developing it, with T-Mobile already onboard as the initial deployment partner. Investors’ perception of Nokia shifted significantly following this agreement.
Moreover, the Q1 2026 earnings report provided additional momentum.
Revenue reached 4.5 billion euros, reflecting a 4% increase year-over-year, while the comparable operating profit surged 54% to 281 million euros. Earnings per share (EPS) rose to 0.05…
