On August 11, Nokia Oyj rose 3.23% in regular trading, trading at approximately $9.41/share, with turnover of approximately $48.99 million. The stock continues to benefit from the company's recent announcement of a strategic wafer fab acquisition targeting AI optical chip production.

Nokia recently announced the acquisition of NXP Semiconductors' wafer fabrication facility in Arizona, with plans to convert it into an indium phosphide optical chip production line, targeting mass production by early 2027. Indium phosphide is a critical material for optical interconnects in AI data centers, with supply-demand imbalances reportedly exceeding those of DRAM and NAND. Notably, NVIDIA has previously invested $2 billion each in Lumentum and Coherent to secure long-term supply of such components. Nokia's move positions it at a key node in the AI optical chip supply chain.

Additionally, S&P recently upgraded Nokia's outlook to \"positive\" while confirming its \"BBB-\" credit rating, citing business diversification and stable cash flow, further reinforcing fundamental improvement expectations.

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