Nokia Oyj

$Nokia Oyj(NOK.US) | Rosenblatt 𝗶𝗻𝗶𝘁𝗶𝗮𝘁𝗲𝘀 𝗕𝘂𝘆 on 𝗡𝗼𝗸𝗶𝗮, PT $𝟭𝟱, 'Powerhouse AI Optical Franchise Trading at Telco Multiple'

Analyst sees Nokia's Optical assets as well positioned for the AI buildout, with its revenue mix shifting significantly toward AI over time.

Evercore ISI: AI networking to be the highest growth segment within AI data center semis the next 5 years.

$Semtech(SMTC.US) $Credo Tech(CRDO.US) $Corning(GLW.US) $Nokia Oyj(NOK.US) $Ciena(CIEN.US) $Lumentum(LITE.US) $Coherent Corp.(COHR.US)

⚡ 𝐔𝐏𝐃𝐀𝐓𝐄: $Alphabet(GOOGL.US) Google Plans €13 Billion AI Infrastructure Expansion in Finland, Its Largest European Investment - $Nokia Oyj(NOK.US)

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗚𝗼𝗼𝗴𝗹𝗲 plans at least €𝟭𝟯 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 investment in Finland.

➤ Investment represents Google's 𝗹𝗮𝗿𝗴𝗲𝘀𝘁-𝗲𝘃𝗲𝗿 single investment in Europe.

➤ Google will build at least 𝘁𝗵𝗿𝗲𝗲 𝗻𝗲𝘄 𝗱𝗮𝘁𝗮 𝗰𝗲𝗻𝘁𝗲𝗿𝘀.

➤ New facilities are planned in 𝗞𝗮𝗷𝗮𝗮𝗻𝗶, 𝗠𝘂𝗵𝗼𝘀, and 𝗩𝗮𝗮𝗹𝗮.

➤ Google's existing 𝗛𝗮𝗺𝗶𝗻𝗮 data center will also be expanded.

➤ Construction is expected to support more than 𝟯𝟳,𝟬𝟬𝟬 𝗷𝗼𝗯𝘀.

➤ Operational facilities could support approximately 𝟳,𝟬𝟬𝟬 𝗷𝗼𝗯𝘀.

➤ Alphabet raised its 𝟮𝟬𝟮𝟲 capital-spending forecast to $𝟮𝟬𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻.

➤ Kajaani project includes a 𝟵𝟰-𝗺𝗲𝗴𝗮𝘄𝗮𝘁𝘁 battery storage system.

➤ Fortum signed a 𝟮𝟮-𝘆𝗲𝗮𝗿 power agreement covering 𝟱𝟬% of Loviisa capacity.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Investment significantly expands 𝗚𝗼𝗼𝗴𝗹𝗲'𝘀 European AI computing capacity.

➤ Scale underscores intensifying 𝗔𝗜 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 spending among technology giants.

➤ Finland's cold climate and carbon-free electricity offer strategic infrastructure advantages.

➤ Long-term energy agreements secure substantial power for growing AI workloads.

➤ 𝗡𝗼𝗸𝗶𝗮 and 𝗘𝗹𝗶𝘀𝗮 gain roles supporting critical data-center connectivity.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:

𝗥𝘂𝘁𝗵 𝗣𝗼𝗿𝗮𝘁, Chief Investment Officer:

“Google is proud to deepen our roots in Finland with the company’s largest single investment in Europe.”

⚡ 𝐔𝐏𝐃𝐀𝐓𝐄: InCoax Begins First Live U.S. Deployment With $Nokia Oyj(NOK.US) Nokia for Sjoberg’s Broadband Network

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗜𝗻𝗖𝗼𝗮𝘅 announces initial activation with Minnesota-based 𝗦𝗷𝗼𝗯𝗲𝗿𝗴'𝘀.

➤ Rollout is planned across approximately 𝗷𝟬–𝟰𝟬 buildings.

➤ Deployment marks InCoax's first live installations from its 𝗡𝗼𝗸𝗶𝗮 collaboration.

➤ 𝗡𝗼𝗸𝗶𝗮 𝗚𝗶𝗴𝗮𝗯𝗶𝘁 𝗖𝗼𝗻𝗻𝗲𝗰𝘁 uses InCoax MoCA Access technology.

➤ Solution delivers 𝗺𝘂𝗹𝘁𝗶-𝗴𝗶𝗴𝗮𝗯𝗶𝘁 broadband over existing building coax.

➤ Existing coax reduces need for costly new 𝗶𝗻-𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 fiber cabling.

➤ 𝗡𝗼𝗸𝗶𝗮 𝗔𝗹𝘁𝗶𝗽𝗹𝗮𝗻𝗼 enables integrated fiber and MoCA network management.

➤ Sjoberg's integrated Nokia and InCoax technology into 𝗧𝗿𝘂𝗩𝗶𝘇𝗶𝗼𝗻 diagnostics.

➤ Platform supports both 𝗙𝗶𝗯𝗲𝗿 𝗔𝗰𝗰𝗲𝘀𝘀 and 𝗙𝗪𝗔 Extension deployments.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Moves the Nokia-InCoax partnership from validation into 𝗹𝗶𝘃𝗲 𝗨.𝗦. deployment.

➤ Creates an important reference for potential 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗽𝗲𝗿𝗮𝘁𝗼𝗿 deployments.

➤ Enables faster broadband upgrades without replacing existing building coax infrastructure.

➤ Could lower deployment costs while supporting 𝗺𝘂𝗹𝘁𝗶-𝗴𝗶𝗴𝗮𝗯𝗶𝘁 connectivity.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:

𝗝𝗮𝗸𝗼𝗯 𝗧𝗼𝗯𝗶𝗲𝘀𝗼𝗻, CEO of InCoax Networks:

"We greatly appreciate Sjoberg's commitment and support in bringing these deployments into operation. For InCoax, these are the first live installations resulting from our collaboration with Nokia and therefore represent an important milestone. Following a significant development and integration effort, together with an extensive validation process in the operator environment, Nokia Gigabit Connect with InCoax technology is now being deployed in a live U.S. operator network. This marks the transition from product integration and validation to live deployment and provides an important reference as we work with Nokia to expand the solution to further operator opportunities,"