NOK → $20.00 by Oct 26, 2026.

**The Thesis: The AI Gold Rush Needs Shovels** Everyone is piling into AI chips, but nobody is looking at the pipes. You can’t run a trillion-parameter LLM across the globe on old-school copper or legacy fiber. Nokia’s Network Infrastructure segment just upgraded its growth outlook to 12–14\*\*%\*\* for 2026. Why? Because the massive data center buildouts from the "Magnificent 7" are creating an insatiable demand for Optical Transport and IP Routing. Nokia is literally building the nervous system for the …