Nokia Beats Earnings Estimates

The Finnish telecommunications giant saw a surge in demand for its cloud software and artificial intelligence products, justifying its recent strategic overhaul.

Nokia now expects overall sales in its network infrastructure business to grow by up to 14% this year, nearly doubling its previous estimates.

While revenue missed slightly in some segments, the high-margin data center business has provided a robust buffer against broader economic headwinds.

The results have boosted investor confidence in the company's ability to compete with global rivals in the AI infrastructure race.