Nokia executives and board members have recently purchased tens of thousands of shares, following the company's AI partnership with Nvidia. In late May, Nokia disclosed that Victoria Hanrahan, chief of staff to the CEO, bought 44,682 shares in two New York Stock Exchange transactions at an average price of about $15.81 per share, a purchase worth just over $700,000. On July 24, a managers' transaction report showed three more insiders buying: senior manager Patrik Hammarén acquired 43,293 shares in Helsinki at around 8.44 euros, board member Timo Ihamuotila picked up 60,000 shares across multiple European venues at roughly 8.45 euros, and senior manager Pallavi Mahajan bought 62,000 shares on the NYSE at about $9.55. In October 2025, Nokia and Nvidia announced a strategic partnership to pioneer an AI platform for 6G, with Nvidia committing a $1 billion equity investment at a subscription price of $6.01 per share. The collaboration adds Nvidia-powered AI RAN products to Nokia's portfolio and expands into data center switching and AI networking. Nokia is rearchitecting its base stations around Nvidia silicon, with plans for AI RAN base stations running all RAN processing on Nvidia GPUs and Cloud RAN solutions using the Grace CPU Superchip. T-Mobile U.S. has agreed to trial these AI RAN