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Nokia's third-quarter profit outstripped expectations, mainly propelled by a surge in demand for optical networks and cloud services, especially the sales within AI-powered data centers. The company's comparable operating profit soared to 435 million euros, significantly outpacing market forecasts. Despite facing substantial market pressures, net sales still witnessed a 12% increase. Nokia holds an optimistic outlook on the future of AI and cloud services, anticipating an upward revision of its full-year operating profit forecast to a range of 1.7 billion to 2.2 billion euros. Although encountering hurdles in the U.S. telecommunications market, the robust performance of optical networks and cloud services has bolstered the company's overall results.
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