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Nokia Q3 2026 Earnings Beat Estimates on AI and Cloud Sales

Summary by Quartz
Comparable operating profit rose to €605 million from €448 million as sales to AI and cloud customers grew 123%

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Nokia continues to record strong growth from artificial intelligence customers and data centers, as the Finnish company capitalizes its expanded product portfolio to provide essential infrastructure for the implementation of AI. Exclusive material for subscribers. To have full access, access the material link and register.

·Rio de Janeiro, Brazil
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The extremely strong demand from Nokia's data center building AI and cloud services customers is holding up. But the component shortage is likely to act as a brake on the boom for quite some time to come, according to the telecom giant's CEO Justin Hotard. "Then we might see some kind of relief," he says.

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Mugglehead Magazine broke the news in Vancouver, Canada on Thursday, October 22, 2026.
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