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deep tech TNW July 23, 2026

Nokia Q2 profit climbs 18% as AI data-centre demand doubles cloud sales

Nokia Q2 profit climbs 18% as AI data-centre demand doubles cloud sales
AI Summary

Nokia reported comparable operating profit of €434mn for the second quarter of 2026, up 18% on the same period last year and comfortably ahead of the €382mn that analysts polled by LSEG had forecast. Net sales rose 8% to €4.82bn, or 9% at constant currency, lifted by the companies racing to build AI data centres. […] This story continues at The Next Web

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