On July 21, Nokia rose 4.22% in regular trading, trading at $10.5785/share, with turnover of $118 million. The rally was driven by a broad rebound across the communication equipment sector and renewed enthusiasm surrounding Nokia's AI-RAN platform launched in collaboration with NVIDIA.
Nokia had declined approximately 19.5% in the prior week, setting the stage for a technical rebound alongside sector peers. The AI-RAN platform, built on NVIDIA's accelerated computing infrastructure, has demonstrated over 20% spectral efficiency gains and targets 50% by 2027 and over 100% by 2028. The platform adopts a subscription-based software model, with pilot deployments scheduled for later this year and commercial availability in 2027, supporting 4G, 5G, and future 6G networks.
Additionally, Nokia is set to release its Q2 financial report on July 23, with consensus EPS expectations of $0.07, representing continued year-over-year improvement. The combination of sector-wide recovery momentum and strengthening medium-term growth narratives bolstered investor confidence ahead of the earnings release.
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