Nokia $NOK CEO Hotard says AI infra demand remains strong and supply constraints are the main thing slowing the buildout “I don’t think you can say in any manner we’re overbuilding today” “If we could build 2x faster, our customers could build 2x faster, they probably would” Hotard said that gives him confidence “we’re still in the early days” of the AI buildout. He also argued demand does not depend on constant releases of new frontier models: “Even if we didn’t have another frontier model released in the next three years, we could probably make tremendous progress just deploying the technology that’s there today.” Memory shortages and power availability remain among the biggest constraints. Source: CNBC / ht @ArjunKharpal