Nokia (NOK) Partners with Nvidia (NVDA) for AI Networking Growth

Nokia (NOK) has partnered with Nvidia (NVDA) and Anduril to enhance AI-native networking. In Q1 2026, Nokia's AI and cloud-related net sales rose 49% year over year, generating 1 billion euros ($1.17 billion) in new orders. The company's network infrastructure revenue benefited from increased demand for optical networking products, crucial for AI data centers. Additionally, Nokia raised its AI and cloud growth forecast from 16% to 27% CAGR through 2028, reflecting heightened capital expenditure by hyperscalers.

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