The last week and a half has quietly been one of the biggest stretches Nokia has had in years. Price has barely moved after all of this. Photonics expansion. $NOK expanded its advanced test and packaging facility in Allentown, Pennsylvania, one of the only advanced semiconductor packaging plants on US soil, to make the photonic chips that power AI networks. The Google deal. Nokia and $GOOGL deepened their partnership, embedding Google’s Gemini AI models into Nokia’s network software. The Amazon deal, today. Nokia and $AMZN AWS expanded their collaboration to run Nokia’s Autonomous Networks Fabric on AWS for fully self driving networks. The administration spotlight. The Trump administration is holding up Nokia’s multi billion dollar US investment as a manufacturing win, with Trump in the Lehigh Valley near that exact Pennsylvania plant just days ago. The two biggest cloud players on earth, both leaning on Nokia in the same week, plus the government using them as a poster child for US manufacturing. And this stacks on what was already there. A $1 billion $NVDA investment driving the 5G to 6G transition. AI and cloud revenue climbing with a EUR 1 billion backlog. Four insiders buying on the open market last month above where the stock trades today. The story is compounding by the day and the price has not caught up.