Nokia Oyj (HLSE:NOKIA) Expands AI Partnerships, Is The Stock Still A Bargain?

Nokia Oyj (HLSE:NOKIA) is back in focus after two AI related announcements: an expanded Microsoft partnership on automated telecom operations, and a Deepfield Cloud Intelligence rollout at Zain KSA covering more than 100 Saudi cities. The recent AI partnerships arrive after a mixed year for Nokia Oyj's shares, with a 1-day share price return of 3.76% and a 90-day share price decline of 19.53%, yet a strong year-to-date share price gain of 65.86% and a 1-year total shareholder return of 129.28%. This points to momentum that has cooled in the short term but remains powerful over a longer stretch.