- MarketNewsData

European investors are putting more money into AI and Big Data-focused funds, increasing assets by over seven times in the past five years.
While the US dominates AI portfolios, Europe holds the largest market share for AI and Big Data fund assets.
Morningstar identifies Nokia, Novo Nordisk, Ericsson, and Tietoevry as top Nordic AI stocks trading below fair value.
These Nordic companies have a high consensus score for relevance to AI and Big Data themes, offering potential buying opportunities.
Novo Nordisk leads in diabetes care products globally, integrating AI for drug discovery and predictive accuracy.
Nokia, a Finnish company, sees AI potential in network infrastructure, benefiting from substantial AI investments in network and data center buildouts.
Ericsson, a Swedish telecom provider, benefits from early success in 5G network buildouts but faces challenges with cyclical spending and evolving technologies.