Nokia: AI Order Wave and Growing Infrastructure Business Shape Q2 - BofA Sees 87% Upside Potential

Nokia: AI Order Wave and Growing Infrastructure Business Shape Q2 - BofA Sees 87% Upside Potential Nokia recorded an 8% revenue increase in Q2 to €4.82 billion, driven by its strong Network Infrastructure segment. The order intake in the "AI & Cloud" area reached an impressive €2.8 billion, while revenues from these customers more than doubled compared to the previous year. Bank of America reaffirmed its buy recommendation on July 24 and raised the price target for Nokia shares from €15.60 to €16.00. AI Boom Reaches Network Equipment...