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Nokia names Intel AI chief as new CEO

Hosted on MSN · 21h

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 · 1d

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.

Business Insider · 17h

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 investors have

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

Nokia CEO Pekka Lundmark To Step Down In March 2025; Appoints Intel Executive Justin Hotard As CEO

President and Chief Executive Officer, Pekka Lundmark, will step down on March 31, 2025. The company has appointed ...

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