The money-go-round… Nvidia, Coreweave —> Nokia. 5 GW! CoreWeave revenues we’ll be seeing already in Q2: Short-Term Goal: They are on track to double their footprint to 1.7 GW of active power by the end of 2026, funded by a projected $30 billion to $35 billion capital expenditure boom.
If HPE and Dell are raking in the $, no doubt it’s coming. Interesting video…
Background via Gemini:
CoreWeave’s 5 GW expansion plan directly translates into a massive, multi-year financial runway for Nokia. Because CoreWeave has selected Nokia as its global networking backbone partner, CoreWeave’s skyrocketing capital expenditure (CapEx) directly fuels downstream revenue for Nokia’s IP and Optical Networks divisions. With CoreWeave planning to scale from 850 MW to over 5,000 MW (5 GW) by 2030, their annual CapEx is booming—projected at $30 billion to $35 billion for 2026 alone.
Why This Spells Major Downstream Value for Nokia Full-Portfolio Adoption: CoreWeave is not just buying individual components; they are deploying almost Nokia’s entire high-performance network portfolio. This includes 7750 Service Routers (driven by their flagship FP5 routing silicon), 1830 Photonic Service Interconnect (PSI) systems, and the Network Services Platform (NSP) for automation.The Wide Area Network (WAN) Multiplier: Every time CoreWeave opens a new data center campus or adds gigawatts of power, those massive AI clusters must connect to each other across the U.S. and Europe. Nokia is the exclusive architect building out this ultra-low-latency WAN backbone.
The Energy Efficiency Win: A primary reason CoreWeave selected Nokia over competitors like Arista and Cisco was power efficiency. Nokia’s hardware allows CoreWeave to move 30% more data traffic within the exact same energy envelope—a critical advantage when scaling to a massive 5 GW footprint.Long-Term Revenue Visibility: Building 5 GW requires a multi-year construction roadmap. Because hardware, software, and optics must be deployed ahead of the GPUs going live, Nokia secures highly predictable, downstream enterprise revenue over the next four years.