Nokia's (NOKIA FH) CEO says that data centre business is still mainly in the US, adding that AI is emerging in EU and Asia

This statement from Nokia’s CEO highlights the geographical focus of their data centre business, indicating that it remains predominantly US-based.

Newsquawk StaffPublished 29 Jan 2026, 09:02 UTCOn the live feed at 08:42 UTC — 4 more headlines followed before this page went public

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09:00

EU Loans to Households YoY (Dec) Y/Y 3% vs. Exp. 2.9% (Prev. 2.9%)

08:50

Roche's (ROG SW) Pharma Head Graham says we continue to think that the obesity drug market will be over USD 100bln

08:42

Nokia's (NOKIA FH) CEO says that data centre business is still mainly in the US, adding that AI is emerging in EU and Asia

08:35

STMicroelectronics (STM FP) December's consumer electronics chip shipment rose by more than 8%; led by mobile and PC components

08:30

Riksbank leaves its policy rate unchanged at 1.75% as expected; reiterates that the policy rate is expected to remain at this level for some time to come, in line with the forecast in December

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Context

The mention of emerging AI growth in the EU and Asia suggests potential future expansion opportunities, which could enhance Nokia's strategic positioning in global technology markets. Traders may want to consider how this impacts Nokia's growth narrative and its comparative performance against peers in the technology sector.

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