Overview
- Nokia will allocate about $3.5 billion to U.S. research and development and approximately $500 million to manufacturing and capital spending in Texas, New Jersey, and Pennsylvania.
- The program targets AI‑ready mobile, fixed access, IP, optical, and data center networking, including mission‑critical applications.
- Effective January 1, 2026, Nokia will operate through Network Infrastructure and Mobile Infrastructure, reduce centralized costs, and create a Portfolio Businesses unit for slower‑growth assets.
- The initiative builds on roughly $2.3 billion in U.S. commitments tied to Nokia’s Infinera acquisition and follows Infinera’s separate $456 million CHIPS Act‑supported investments.
- Nokia shares rose after the announcement, and CEO Justin Hotard said the networks business is prioritizing countries that value Western technology.