Nokia posts profit beat as AI, cloud demand boost optical sales

Core Viewpoint - Finland's Nokia reported third-quarter profit significantly exceeding expectations, driven by robust demand in optical and cloud sectors, particularly from AI-driven data centers following its acquisition of Infinera [1] Group 1: Financial Performance - Nokia's third-quarter profit was well ahead of market expectations, indicating strong financial health and operational efficiency [1] - The company benefited from increased sales attributed to the growing demand for optical and cloud solutions [1] Group 2: Market Demand - There was a notable rise in sales to AI-driven data centers, highlighting a shift in market dynamics and the increasing importance of AI technologies in driving revenue [1] - The acquisition of Infinera has positioned Nokia favorably within the optical networking market, enhancing its product offerings and market reach [1]