Why is Nokia's stock soaring on the stock market?

Nokia's stock has experienced a dramatic surge, climbing over 100 percent since the beginning of the year. This remarkable performance is largely fueled by the burgeoning demand in the artificial intelligence and data center sectors, a trend that is currently reshaping the stock market.

The company's resurgence is significantly linked to two key acquisitions that have established Nokia as a frontrunner in the field of "optical networks." These strategic moves have positioned the company to capitalize on the increasing need for high-speed data infrastructure.

Analysts suggest that the company's success is also indirectly tied to figures like Jensen Huang, a prominent name in the tech industry. Meanwhile, observers note a broader market trend where almost everything on the stock exchange seems to be connected to data centers, a phenomenon viewed with a mix of fascination and apprehension.

This financial upswing has brought Nokia's stock value close to its peak levels from the early 2000s, a period often referred to as its "glory days." The podcast "SvD Tech brief" explores these developments with insights from journalists Björn Jeffery, Sophia Sinclair, and Henning Eklund, offering a blend of humor and expert analysis on how the future is being shaped.