Nokia’s AI Run Boosted by Cisco. Now the Real Test Starts
Nokia shares rose 1.2% to €12.05 in Helsinki on Monday, near a 52-week high, after Cisco reported $5.3 billion in AI infrastructure orders from hyperscalers and raised its full-year forecast. Nokia’s U.S.-listed shares have climbed over 10% since Cisco’s results, with ADRs up about 116% this year. Nokia reported a 49% jump in Q1 net sales to AI and cloud customers and €1 billion in orders from that segment.