Nokia picks Intel's AI and data centre leader Hotard

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.
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.
Intel AI leader named CEO of Nokia
Nokia (NYSE: NOK) said Monday that Justin Hotard will succeed Pekka Lundmark as the Finnish company's new CEO. Intel hired Hotard as executive vice president and general manager of its data center and artificial intelligence group in January 2024.
Analysis: Intel Data Center Boss Justin Hotard Leaves After CEO, AI Chip Shake-Ups
Intel data center and AI boss Justin Hotard is leaving to become Nokia’s next CEO—a move that happened not long after the chipmaker dealt with big shakeups to its leadership team and AI chip strategy.
Intel Datacenter Chief Departs To Run Nokia – Now What?
After only a little more than a year of running Intel’s Data Center and AI group – which is probably about as much fun right now as falling down the
Intel’s AI Chief Leaves to Run Nokia After a Year on the Job
Nokia Oyj will replace Chief Executive Officer Pekka Lundmark with Intel Corp.’s recently appointed head of artificial intelligence Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump in orders from phone operators.
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,
Intel needed a win — its new laptop CPU delivers just that
Intel's new Core Ultra 9 285H supercharges laptop performance, but its battery life is what really impresses. The Latest Tech ...
US spy planes hunt for intel on Mexican drug cartels as surveillance flights surge near border
The US military has significantly increased its surveillance of Mexican drug cartels over the past two weeks, with ...
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'Arrow Lake-H' Tested: Intel's Core Ultra 9 Mobile Chip Vies for First Place
We got our hands on an MSI laptop with the Core Ultra 9 285H, the top CPU in an all-new line of Intel laptop silicon. See how ...
Why Intel Stock Is Jumping Today
Intel purchased Mobileye for $15.3 billion in 2017, and then spun the company off as a publicly traded subsidiary in 2022. It still owns roughly 88% of the company. With today's gains, Mobileye's ...
Intel’s Core Ultra 200 laptop CPUs deliver shocking performance gains
The performance of Intel's Core 285H mobile chip inside a MSI Prestige 16 AI Evo laptop is surprisingly impressive and ...
Intel rises as reviewers praise performance of new processor
Intel (INTC) shares outperformed the broader market and technology sector on Monday as reviewers praised its latest processor ...
Intel Core Ultra 9 275HX CPU is the best-performing laptop processor according to new benchmarks — but Apple still beats it in this key area
The Intel Core Ultra 9 275HX CPU has shown up on PassMark, an independent benchmarking website, and it's now ranked as the ...
New Rumors Emerge About Intel’s (NASDAQ:INTC) Next CEO
We know that chip stock Intel (INTC) has been looking for a new CEO for months now, since the departure of previous CEO Pat ...