Gilded by AI, Stock Soars 90%! Nokia, Once Unlucky for 10 Years, Finds Spring After Halting Phone Production

Today's Nokia is no longer the 1990s company that manufactured 2G mobile phones. The Finnish firm has completely exited smartphone production and reinvented itself as a key supplier of critical infrastructure for data centers fueling the AI boom. This transformation has propelled its stock price to surge dramatically, rising approximately 90% year-to-date. CEO Justin Hotard stated in a release that Nokia's products are the 'backbone of the AI economy.' Analyst Daryl Schoolar noted that Nokia's stock recovery is due to 'bathing in the AI halo.' However, he also cautioned that such growth is 'not 100% guaranteed.' Why does he say that? Read the full article. VVIP members can unlock the complete report, including charts (source: The Wall Street Journal). Join the discussion on global economic and political developments and investment markets. Become part of the 'Hot Talk! Wall Street' LINE community and engage in deep conversations with industry elites (password: WSJWSJ).