Nokia Stock Surges on Strong AI Infrastructure Growth and Earnings Beat
Nokia’s strategic pivot toward AI infrastructure is yielding substantial returns, with shares vaulting higher following better-than-expected earnings. The company reported strong growth in optical networks and cloud services, highlighting its transformation from traditional telecom markets.
Strong Earnings Drive Stock Surge
Nokia’s stock reportedly jumped 10% in U.S. trading following the release of quarterly results that exceeded market expectations, according to financial reports. The Finnish company’s performance was reportedly driven by robust growth in optical networking and cloud infrastructure segments, with particular strength in artificial intelligence-focused datacenter sales.