US stock market anomaly | Nokia (NOK.US) fell more than 6% before the market, betting on the AI infrastructure frenzy may cause market anxiety.

date
20/11/2025
According to the Zhitong Finance and Economics app, on Wednesday, Nokia (NOK.US) fell more than 6% in pre-market trading, to $6.20. On the news side, Nokia is betting on the artificial intelligence trend, streamlining its business and focusing on the network infrastructure area that can connect AI data centers. Nokia CEO Justin Holt said in an interview before the company's Capital Markets Day event on the 19th that this move will achieve double-digit operating profit growth in the coming years. The company's net sales compound annual growth rate (CAGR) target for 2025-2028 is 6-8%; with the goal of 10-12% growth in optical networks and IP networks by 2028, and an operating profit margin target of 13%-17%. The adjusted operating profit target for 2028 is 2.7 billion to 3.2 billion euros, in line with market consensus of 2.9 billion euros.