$NVIDIA(NVDA.US)Last night at the GTC conference in Washington, D.C., Nvidia’s CEO Jensen Huang outlined new AI industry trends and announced a partnership with Nokia. Along with a $1 billion equity investment, the two companies will jointly launch a 6G telecom computing platform.

Huang noted that AI traffic is surging, with nearly half of GPT users accessing via mobile devices. This creates new opportunities for mobile operators to enhance AI experiences and provide 6G connectivity for devices like drones, cars, robots, and AI glasses.

Nvidia’s broad collaborations and constant innovation helped its shares jump 5% to a record high. This reflects how technology continues to drive market expectations, and future innovation may help address the challenge of high valuations in tech stocks.