Nokia CEO Justin Hotard Talks Tariffs and AI Trends

In a recent interview, Nokia's CEO Justin Hotard expressed optimism about the stabilization of tariffs globally, crediting the U.S. government for its support. He also discussed potential future demands for AI technology, indicating a favorable outlook for long-term trends in the industry.

In an exclusive interview with Reuters, Nokia's CEO Justin Hotard expressed confidence regarding the current global tariffs landscape. He revealed that the situation has stabilized and credited effective mitigation strategies for this improvement.

Hotard also appreciated the role of the U.S. government, describing it as a 'great champion' for Nokia. This backing has bolstered the company's position in the market amid shifting trade dynamics.

Addressing future technology trends, Hotard mentioned the potential of an AI demand bubble. He emphasized the importance of monitoring these trends closely, although he remains optimistic about their long-term benefits for the industry.

(With inputs from agencies.)