Veytics Intelligence
2026-10-06 · Seekingalpha

Nokia CEO: Data centers could be built ‘2x faster’ without supply bottlenecks

[Dark clouds over Nokia logo on top of a building] Risto0 The tech industry would build data centers twice as fast without the supply constraints they face, the CEO of Nokia (NOK [https://seekingalpha.com/symbol/NOK]) told CNBC, underscoring continued demand for AI even as top executives debate slowing down the pace of development. “I don’t think you can say in any manner we’re overbuilding today because reality is that if we could build 2x faster, our customers could build 2x faster, they probably would,” Justin Hotard said. “So that gives me confidence that we’re still in the early days” of the AI buildout, Hotard added.

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