Nokia Boss Seeks to Tap Into AI Supercycle Opportunity

Nokia reshapes for AI supercycle – as infrastructure, enterprise sales rise

Nokia’s Network Infrastructure unit overtook Mobile Networks in Q2, reflecting a shift toward AI-driven IP and optical demand. Enterprise sales hit records, while traditional telco sales declined. Restructuring looms. In sum – what to know: AI supercycle – Network Infrastructure, led by optical and IP sales, outpaced Mobile Networks for the first time since early […]

Nokia boss seeks to tap into AI supercycle opportunity

Nokia CEO Justin Hotard (pictured) hinted at an upcoming strategy shift focused on the critical role connectivity will play in the AI supercycle, as a decline in its Mobile Networks division and currency and tariff headwinds weighed on its Q2 results.   The Finnish vendor released its full Q2 earnings a day after issuing preliminary numbers which revealed it had lowered its full year operating profit outlook, blaming the impact of US tariffs and…