Nvidia’s GTC Washington conference runs until Oct. 29, where they announced new products and partnerships. The Nokia deal likely boosted Nvidia stock the most, reaching an all-time high of $201.03. The company has been making significant investments, including a $1 billion partnership with Nokia to develop AI-native mobile networks.

Nvidia is expanding its reach with partnerships and investments, including a $1 billion deal with Nokia for AI-native networks. The collaboration aims to accelerate the development of next-gen mobile networks and infrastructure. Nokia stock surged 22.8% on Tuesday, reflecting investor enthusiasm for the partnership and Nvidia’s AI technology.

In recent months, Nvidia has made strategic investments in companies like OpenAI and Intel, totaling billions of dollars. These collaborations focus on developing AI infrastructure and custom products, driving Nvidia’s expansion in the AI market. Despite recent successes, the Motley Fool’s Stock Advisor team did not include Nvidia in their top 10 stock picks.

Read more at Nasdaq: Nvidia Stock Surged 5% on Tuesday to an All-Time High. Here’s Why.