Nokia Jumps 140% to $15.78 as Nvidia’s $1 Billion Bet Fuels AI Network Boom
Updated
Updated · Trefis · May 27
Nokia Jumps 140% to $15.78 as Nvidia’s $1 Billion Bet Fuels AI Network Boom
8 articles · Updated · Trefis · May 27
$15.78 marked Nokia’s 52-week high in May, capping a roughly 140% year-to-date rally from about $6.50 as investors re-rated the company as an AI infrastructure play.
A $1 billion Nvidia investment in October 2025 at $6.01 a share triggered that shift, backing Nokia’s AI-RAN push with T-Mobile as first deployment partner and 10 public customers now signed.
Q1 revenue rose 4% to 4.5 billion euros, while comparable operating profit jumped 54% to 281 million euros and EPS of 0.05 euros beat estimates by about 31%.
AI demand drove the quarter: sales to AI and cloud customers surged 49%, new cloud orders hit 1 billion euros, and the Optical Networks segment grew 20% as hyperscalers expanded data-center capacity.
Nokia has raised full-year guidance to 2.0 billion-2.5 billion euros in operating profit and lifted capex to as much as 1 billion euros, with late-July Q2 results and Nvidia-T-Mobile field trials the next catalysts.
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