Finnish telecoms giant Nokia (NOK) is set to invest $4 billion in the U.S. to accelerate AI innovation.
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Collaboration With Trump
The company said today that in collaboration with the Trump administration, it planned to expand its U.S. R&D and manufacturing capabilities, to accelerate innovation in AI-ready mobile, fixed access, IP, optical, and data center networking technologies.
The planned investment over multiple years is in addition to Nokia’s $2.3 billion investment in U.S. manufacturing, R&D, and AI connectivity through its purchase of Infinera earlier this year.
It said that about $500 million in U.S. capital expenditure will be invested in manufacturing and research and development in U.S. states that include Texas, New Jersey, and Pennsylvania.
Nokia also delved into the past to reaffirm its commitment to continuing the creation of groundbreaking technologies in the U.S., following in the footsteps of its award-winning Nokia Bell Labs headquartered in New Jersey.
“For over a century, the scientists and engineers at Nokia Bell Labs have pioneered technological innovations from the invention of the transistor to advancements in digital communications and now AI,” it said in a statement.
Trump Wins Again
“Our expanded investment will help strengthen the nation’s capacity to deliver greater security, productivity, and prosperity through AI-optimised connectivity at scale,” Nokia said.
Secretary of Commerce Howard Lutnick added: “Their investment in manufacturing, packaging, and R&D for optical chips means the most innovative technologies that power AI, data centers, and critical national security applications will be developed and built here in the U.S.A.”
He also described it as another Trump administration win for America. It will certainly be a boost to Trump’s hopes of winning the AI race with a resurgent China and to boost his aims of increasing domestic manufacturing and American jobs.
It should also keep the Nokia stock powering higher after an already strong 2025 – see above:
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