Cramer Turns Bullish on Nokia's AI-Driven Comeback Nokia, once dismissed as a relic of the past, has staged a remarkable resurgence, prompting Wall Street analysts to reevaluate its position in the evolving tech landscape. The Finnish telecommunications giant, which once dominated the mobile phone market, faced years of decline as 5G adoption slowed and Chinese competitors undercut its pricing. However, a strategic pivot toward artificial intelligence (AI) and cloud infrastructure has positioned Nokia at the center of the AI-driven transformation, leading to a 49% year-over-year revenue surge in its first-quarter 2026 earnings report. This unexpected turnaround has drawn attention from prominent investors, including Jim Cramer, who recently praised Nokia’s revival during a CNBC interview. The shift began with Nokia’s acquisition of Infinera, a U.S.-based company specializing in optical transport solutions. This move significantly expanded Nokia’s capabilities in optical networking, a critical component for data centers powering AI workloads. The integration of Infinera’s technology has accelerated ahead of schedule, contributing to a 20% growth in Nokia’s Optical Networks division during the quarter. Additionally, a major partnership with Nvidia, which included a $1 billion investment in Nokia, has further solidified the company’s relevance. Nvidia’s stake in Nokia not only validates the firm’s strategic direction but also deepens its ties to the hyperscale data center market, a key growth area for AI infrastructure. Nokia’s financial performance in Q1 2026 has been a catalyst for its stock surge. The company reported €1 billion in new orders from AI and cloud customers during the quarter, building on billions in orders accumulated through 2025.#nvidia #jim_cramer #nokia #infinera #justin_hotard
