Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Nokia's optical network growth fueled by AI data centers, boosted by Nvidia's $1B investment.

Market News
06 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Nokia is experiencing rapid growth in its optical network business driven by AI data center expansions. Nvidia's $1 billion investment for a 3% stake in Nokia strengthens its position in mobile networks. Data center networks are expected to account for 40% of Nokia's revenue by 2028, potentially increasing its market valuation significantly. Despite a 170% stock rise in the past year, analysts see substantial growth potential over the next 3-5 years.

More News (NOK)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App