1 Nvidia-Backed AI Infrastructure Stock to Buy Hand Over Fist Right Now

Nokia has surged 133% since announcing a $1 billion AI partnership with Nvidia to develop AI-enabled 6G cellular networks. The company raised its fiscal year guidance for network infrastructure sales growth to 12-14%, driven by expected data center partnership revenue. However, with a P/E ratio of 86 and forward P/E of 36, analysts are mixed on the stock, suggesting investors wait for a better entry point despite long-term growth potential.