US stocks move: Nokia rises 3.6% pre-market as California AI Network Lab launches to accelerate AI infrastructure transformation
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Glonghui, May 22|Nokia (NOK.US) rose 3.6% to $14.69 in U.S. pre-market trading. According to reports, starting from May 21, 2026, Nokia officially launched a brand new AI Network Innovation Lab in California, USA—an important milestone that marks Nokia’s AI strategy moving from concept to implementation in the eyes of the market. This deployment is a natural extension of Nokia’s previous series of actions and has already been reflected in its financial report: in the first quarter of 2026, sales to AI and cloud clients increased by 49% year-on-year and now account for 8% of its total revenue. Since the beginning of this year, Nokia’s share price has risen by more than 100%, reflecting the market’s strong recognition of its AI transformation strategy.
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