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Nokia expands U.S. semiconductor test and packaging in Pennsylvania to boost AI chip production and create 500 jobs.

Company Fundamentals
16 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Nokia is significantly expanding its advanced test and packaging operations in Allentown, Pennsylvania, nearly doubling its workforce to over 500 employees. This move aims to increase domestic production of photonic chips critical for AI infrastructure, boosting capacity by up to 10 times. The $30 million investment, supported by state and federal funds, strengthens U.S. semiconductor supply chains, reduces energy use in AI communications, and supports Nokia's $4 billion multi-year plan for AI-ready network technology in the U.S. The expansion is expected to generate over $500 million in economic impact over five years and solidify Pennsylvania as a hub for advanced manufacturing and AI technology.

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