Reported about 10 hours ago
Nokia CEO Justin Hotard likened the current surge in artificial intelligence to the internet boom of the 1990s, suggesting it signals a long-term growth trend while minimizing concerns about a potential market bubble. Despite reports indicating many fund managers believe AI stocks are overvalued, Hotard emphasizes the increasing demand for data centers and AI infrastructure, pointing to positive trends as Nokia adapts its business model to incorporate AI technology.
Source: YAHOO