EL7.AI
StocksMediumUpdated•Originally published 17 September 2026•Updated 17 September 2026•
2 min read

Nokia Shares Surge 6.3% as Microsoft Partnership Expands into Advanced AI

Key Facts

1Nokia shares rose 6.3% following the announcement of a partnership with Microsoft to expand data offerings for telecommunications providers.
2Nokia's year-to-date share price increase has reached nearly 70%.

In a move reflecting the accelerating AI race within the telecommunications sector, Nokia has expanded its strategic partnership with Microsoft to specifically include advanced AI operations. According to reports, this updated collaboration aims to enable telecom providers to integrate Microsoft's cloud-based AI capabilities directly into Nokia's infrastructure. Markets responded strongly to this pivot, with Nokia shares surging 6.3% immediately following the disclosure of these technical details.

This development further strengthens Nokia's exceptional performance this year, with year-to-date gains approaching 70% driven by digital infrastructure demand. Per market data, NOKBF shares closed at $10.18 on September 16, 2026, while its technology partner MSFT closed at $490.3 on the same date. These movements underscore investor confidence in the company's ability to compete in the advanced computing market compared to other giants like Apple, whose stock AAPL closed at $332.41.

Looking at price levels, NOKBF reached a high of $10.29 (at close September 16, 2026), establishing this as a significant technical resistance level for traders. Investors are now watching how the integration of AI technologies will impact profit margins in upcoming financial reports, while the economic calendar for the next seven days shows no direct catalysts for the company, keeping the focus on general tech sector momentum.