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The Zhitong Finance App learned that with the boom in artificial intelligence (AI) infrastructure investment driving the increasing demand for data center network equipment, Nokia (NOK.US)'s profit for the third quarter exceeded expectations. According to financial reports, Nokia's Q3 revenue increased 10% year over year to 5.154 billion euros; adjusted operating profit increased 35% year over year to 605 million euros, far exceeding analysts' general expectations of 454 million euros.
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The Zhitong Finance App learned that with the boom in artificial intelligence (AI) infrastructure investment driving the increasing demand for data center network equipment, Nokia (NOK.US)'s profit for the third quarter exceeded expectations. According to financial reports, Nokia's Q3 revenue increased 10% year over year to 5.154 billion euros; adjusted operating profit increased 35% year over year to 605 million euros, far exceeding analysts' general expectations of 454 million euros.
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