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Nokia CEO: Data center construction could be twice as fast without supply constraints

CNBC ·

NOK Nokia Corp ADR
$10.20 -3.77%
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  1. 1Nokia CEO said data center construction could be twice as fast as the current pace in the tech industry if there are no supply constraints.
  2. 2Total AI construction investment, ranging from chips to related infrastructure in data centers, is expected to reach $10.3 trillion from 2025 to 2032.
  3. 3Nokia has established itself as a key company in the AI infrastructure sector, recording a stock price increase of approximately 130% over the past year.

So what's the key point?

The Nokia representative said that data centers could be built twice as fast as they are now if supplies are provided on time. With $10.3 trillion expected to be spent on AI construction, Nokia has become an important company.

Source CNBC · View original ↗

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