Nokia has reported its second-quarter financial results, surpassing analyst profit expectations due to increased demand for AI-related infrastructure. The company noted that investments in AI and data center connectivity are providing a significant tailwind for its networking business. This performance highlights the growing importance of telecommunications equipment in supporting large-scale AI deployments. As AI models continue to scale, the underlying infrastructure requirements are becoming a primary revenue driver for established networking firms. Does Nokia's focus on AI infrastructure signal a long-term shift in the company's core business strategy?
Source: https://www.reuters.com/business/nokia-q2-profit-beat-ai-demand-2026-07-23/
