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Nokia CEO compares AI surge to 1990s internet boom, but plays down bubble fears
NokiaNokia(US:NOK) Reutersยท2025-10-23 08:19

Core Insights - Nokia's CEO Justin Hotard highlighted that artificial intelligence is driving a long-term growth trend similar to the internet boom of the 1990s [1] - Concerns about a potential bubble in the AI sector were downplayed by the CEO [1] Group 1 - The growth trend driven by artificial intelligence is expected to be significant and transformative for the industry [1] - The comparison to the internet boom suggests a potential for substantial market expansion and innovation [1] - The CEO's remarks indicate confidence in the sustainability of AI growth despite market volatility [1]