$Nokia Oyj(NOK)$ Saw this Nokia expansion news and it actually feels more meaningful than just a small capex headline.
A $30M photonic packaging expansion in Allentown, but the scale-up is what stands out.
What's happening:
$30M investment in photonic chip packaging
10x capacity increase targeted by Q3 2026
Headcount nearly doubling to 500+
Backed by CHIPS Act and state incentives
Part of a larger $4B U.S. investment plan
It's not just "build more," it's betting that photonic infrastructure becomes a real backbone for data movement in the AI era.
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