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Nokia names Intel AI chief as new CEO

Hosted on MSN · 19h

Nokia picks Intel exec as first U.S.-born CEO as group pivots to AI boom

Nokia has hired its first CEO from America in a renewed pivot to AI designed to arrest years of low valuations and stagnant revenue growth. The Finnish telecoms group announced the appointment of Justin Hotard,

Wall Street Journal · 23h

Nokia Stock Rises After Intel AI Chief Named New CEO

Justin Hotard, Intel’s head of data-center and AI operations, is leaving to head up Nokia. Shares of the telecom-gear maker rallied over 2% in Europe; U.S.-listed Intel shares edged higher premarket.

Nokia picks Intel's AI and data centre leader Hotard as new CEO

Finnish telecoms company Nokia on Monday said Pekka Lundmark would step down as CEO, and that it has appointed Justin Hotard to take over his role.

16h

Intel (NASDAQ:INTC) Loses its AI Chief to Nokia

So chip stock Intel (INTC) just lost Justin Hotard to Nokia Oyj (NOK). This might seem like a blow to Intel’s operations, but ...

Intel suffers another blow after C-level staffer leaves to run Nokia

After Intel lost its CEO Pat Gelsinger, the company has suffered another blow as its CEO of Datacenter and AI has now ...

1d

Intel’s AI Chief to Leave Chip Maker in Wake of CEO Exit

Justin Hotard, who joined Intel in February last year, is departing the company to lead Nokia.

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