Nokia Oyj's stock experienced a significant after-hours surge of 5.06% on Wednesday, marking a sharp reversal from its earlier intraday performance.

The movement appears to be driven primarily by the company's release of its second-quarter financial results. While specific figures from the report are not detailed in the available news, the market had been anticipating the earnings release with consensus expectations pointing to a year-over-year improvement.

Additionally, investor sentiment was bolstered by Nokia's recent strategic partnership with NVIDIA to launch the industry's first commercial AI-RAN platform. The platform has demonstrated over 20% spectral efficiency gains and targets significant improvements in the coming years, adopting a subscription-based software model with pilot deployments scheduled to begin later this year.