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Investors old enough to remember the advent of mobile phones in the 1990s probably still think of Nokia (NYSE: NOK) as a phone manufacturer. It's not actually in the business anymore, however.
Some mobile phones still bear the Nokia name, but it's only licensed by mobile phone maker HMD; Nokia only makes some of the technological components found within modern-day mobile devices. Its big business these days is the networking and connectivity hardware required by cloud computing, mobile carriers like AT&T and Verizon Communications, and institutions.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
This business is about to get a whole lot bigger, too. Credit the growth of artificial intelligence (AI), mostly. Here's why and who wins.
If you weren't aware, the 5G connection your smartphone most likely utilizes is short for fifth-generation mobile broadband connectivity -- an upgrade from measurably slower previous-generation 4G technology. And it arrived just in time. Thanks to the explosion in artificial intelligence, end users are wirelessly sending and receiving more digital information than ever before. Industry expert Aetha Consulting reports that generative AI traffic alone is driving more than twice as much uplink (from user devices to the network) data traffic as ordinary mobile traffic does.

#nokia #flashing #phones
3 months ago

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