Not Intel. Not CoreWeave. This Underappreciated Nvidia-Backed Company Is Growing Artificial Intelligence (AI) Revenue by 123%. Here's Why It's a Buy Today for $8.

Nokia is undergoing an AI-driven transformation as a supplier of AI networking equipment and infrastructure. Nvidia invested $1 billion in Nokia last year to collaborate on AI radio access networks (AI-RAN). Nokia's AI & Cloud division revenue surged 123% year-over-year to 631 million euros in Q3, with order intake up 118%. The company is positioned as a key pick-and-shovel supplier in the AI infrastructure ecosystem, providing optical networking equipment needed by hyperscalers building data centers.