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Nokia names Intel AI chief as new CEO
Nokia Names Intel’s Data Center and AI Head Justin Hotard as New CEO
Nokia appointed Justin Hotard, a tech industry expert in data centers and AI, as its next CEO, in a move that reinforces the company’s ambition to expand into new growth areas.
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.
Justin Hotard Leaves Intel, Named CEO and President of Nokia
Intel's long-term high turnover rate of senior managers holding HPC and AI-related responsibilities continues apace with today's news that Justin Hotard, EVP/GM of the company's Data Center and AI Group,
Intel Stock Jumps
Why Intel Stock Is Soaring Today
Intel stock was also aided by comments made by Vice President JD Vance in today's keynote speech at the Paris AI summit. The vice president promised that the U.S. would safeguard American AI technologies and urged regulators in Europe to reduce regulations targeting AI.
Intel Stock Jumps as VP Vance Says AI Chips Will Be Made in US
Key Takeaways Intel shares soared Tuesday after Vice President JD Vance said the Trump administration will take steps to ensure AI chips are designed and manufactured domestically.The administration's efforts could benefit Intel's struggling foundry division,
Intel stock jumps after JD Vance's speech supporting U.S.-made AI
Intel Corporation (NASDAQ:INTC) stock rose sharply Tuesday in lieu of comments from U.S. Vice President JD Vance about U.S. manufacturing of AI chips. At 12:35PM ET, shares of Intel were up 7.5%. Vance delivered a keynote speech at the 2025 Paris Artificial Intelligence Action (WA:ACT) Summit early Tuesday.
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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 ...
2d
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 ...
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Justin Hotard
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