# Nokia's stock peaked above $60 in 2000 and spent the next 25 years drifting between $3 and $8.

*business · news · 2026-05-12 · Benzinga*

## Key points

- Nvidia partnerships have reignited growth for both Nokia and BlackBerry in AI infrastructure markets.
- Nokia raised 2026 guidance, citing AI and cloud demand, and BofA upgraded its shares significantly.
- BlackBerry's QNX OS was selected for Nvidia's IGX Thor edge AI platform targeting industrial automation.
- BlackBerry's $950 million QNX backlog spans years, leading to ongoing Wall Street skepticism despite growth.

**Companies:** Nvidia Corp., Nokia, BlackBerry
**Countries:** United States, China, Germany, Canada

[Read the full story on Benzinga](https://www.benzinga.com/markets/equities/26/05/52491721/nokia-blackberry-ai-nvidia-comeback-apple-2026)

---

Canonical: https://newsio.io/n/68094ee9-f4cc-407b-b3b3-f2bddd9ecff7/nokias-stock-peaked-above-60-in-2000-and-spent-the-next-25-years-drifting-betwee
Summarized by Newsio from Benzinga. https://newsio.io/how-it-works