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Nokia CEO Says Data Centres Would Go up Twice as Fast if Supply Allowed

Justin Hotard said memory chip and energy shortages are limiting construction as AI demand stays strong and investors keep funding the buildout.

Summary by TNW
Nokia’s chief executive Justin Hotard says the industry would build data centres twice as fast if memory and energy supply allowed, and that demand would hold even without a new frontier model for three years. Bain and a paper presented at the Brookings Papers on Economic Activity both question whether the revenue exists to pay […] This story continues at The Next Web

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CNBC broke the news in Englewood Cliffs, United States on Monday, October 5, 2026.
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