Nokia’s Fiber Optic Bet Is Paying Off as AI Hunger Lifts Earnings
BeInCrypto
Nokia reported strong Q1 2026 earnings driven by high demand for fiber optic technology supporting AI data centers.Summary
Nokia achieved its strongest quarter in years, with operating profits rising 54% to €281 million. The company's growth is primarily fueled by its Optical Networks unit, which provides critical fiber infrastructure for cloud giants like Amazon, Google, and Microsoft. While legacy segments like mobile infrastructure saw modest growth, Nokia is significantly increasing its investment in optical and IP networks to meet surging demand from AI data centers, leading the company to raise its annual growth forecast.
(Source：BeInCrypto)