Nokia's Acquisition of Infinera Positions It as an AI Infrastructure Player
Nokia has acquired Infinera, enhancing its optical networking capabilities to meet growing demand from data centers for faster AI-related data transmission. Despite a 175% stock increase over the past year and strong Q1 results in AI and cloud sales, Wall Street is still catching up with Nokia's strategic shift.
Tickers: $NOK
Topics: AI infrastructure data centers Nokia acquisition optical networking