Nokia Faces Continued Valuation Pressure Amid AI Expansion

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Nokia Oyj experienced a turbulent trading week, opening at $15.82 before closing at $15.28—a near 4% weekly decline.

Amid its deepening AI infrastructure investments, concerns about inflated valuation surfaced. Earlier surges fueled by FCC broadband device approvals now seem overshadowed by questions around sustainable growth.

Short-term volatility persists, as analysts anticipate clarity on Nokia's long-term competitive positioning and second-half earnings potential.

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