Intel's head of AI is leaving the company after one year to become CEO of Nokia. Nokia (NYSE: NOK) said Monday that Justin Hotard will succeed Pekka Lundmark as the Finnish company's new CEO.

is leaving Intel after a year to become CEO and president of Nokia. Hotard began his position at Intel in February of 2024 and reported directly to former Intel CEO Pat Gelsinger, who left the company ...

Nokia announced that CEO Pekka Lundmark is stepping down, with Justin Hotard from Intel taking over on April 1. Hotard brings over 25 years of tech industry experience, including expertise in AI ...

Gina M. Raimondo is a distinguished fellow at the Council on Foreign Relation (CFR). From March 2021 through January 2025 she was the United States Secretary of Commerce. As secretary of commerce ...

Pekka Lundmark steps down as Nokia CEO Intel's AI and data centre leader Justin Hotard to take the helm Nokia signals focus on AI and data centres, analysts say Shares up 1.6% after announcement ...

Hotard has not been a CEO before, but he has been working towards that goal, and frankly, he should have been in the running for the top job at Intel. And the fact that Hotard is leaving and that ...

That move has been blamed for ultimately wiping out $150 billion in market value since Gelsinger’s appointment as CEO in 2021, while Nvidia gained $3 trillion. Intel stock is down more than 55% ...

Nokia said Monday that it has appointed Intel’s Justin Hotard as CEO, replacing Pekka Lundmark, as the Finnish telecoms equipment maker looks to beef up its artificial intelligence business.

Dig deeper: Intel’s AI Chief to Leave Chip Maker in Wake of CEO Exit Justin Hotard is the latest high-profile executive to leave the chip maker as it struggles to revamp its business.

Silicon Valley tech vet was hired to lead Intel's AI efforts in January 2024. Intel's head of AI is leaving the Santa Clara company after one year to become CEO of Nokia. Nokia (NYSE: NOK) said ...

Finnish telecommunications giant Nokia revealed that it has chosen to appoint Justin Hotard as its new chief executive officer (CEO), to take ... and general manager of Intel’s Data Centre ...

Nokia Inc. (NYSE:NOK) revealed a change in leadership as its President and CEO, Pekka Lundmark, is set to step down from his role. His replacement, Justin Hotard, is set to assume the position of ...