Nokia Corp (NYSE:NOK) stock is trading higher on Tuesday, driven by sustained artificial intelligence data center demand and a raised full-year profit outlook.
Investors are actively re-evaluating the company beyond its traditional telecom focus and pricing it as a key beneficiary of the artificial intelligence boom.
The Nasdaq is down 0.03% while the S&P 500 has gained 0.08%. • Nokia stock is surging to new heights today.
What's fueling NOK momentum?
Q2 Earnings Beat In late July, Nokia reported second-quarter results that topped consensus estimates.
