Nokia shares climbed sharply in early trading, leading a resurgence in the technology sector after days of sustained selling pressure.
The move signals a potential inflection point for tech equities, which have faced headwinds from broader market volatility and shifting investor sentiment.
The rally in Nokia comes on the back of stronger-than-expected quarterly results reported earlier this week.
The rally in Nokia comes on the back of stronger-than-expected quarterly results reported earlier this week.
The company posted a rise in comparable operating profit for the second quarter, driven by accelerating demand from artificial intelligence and cloud computing customers.
This fundamental strength appears to be anchoring investor confidence in the stock despite the recent sector-wide downturn.
Broader US equity markets also extended their upward trajectory, with the rally broadening beyond just tech names.