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Nokia picks Intel exec as first U.S.-born CEO
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 center leader Justin Hotard as new CEO
Justin Hotard will replaced Pekka Lundmark as CEO of Finnish telecoms company Nokia on April 1. Hotard is currently the EVP and general manager of Data Center & AI Group at Intel.
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,
TweakTown
7h
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 ...
13d
Infinera Corporation: Nokia Acquisition Doesn't Do Much For Stock Price
Infinera's declining revenue, high debt, and reliance on a few key customers make it an unattractive investment. Learn why ...
7d
Nokia signs multi-year expansion deal with AT&T for voice and automation
U.S. telecoms operator AT&T and Finnish network equipment maker Nokia have signed a multi-year expansion agreement to upgrade ...
12d
Nokia Earnings: Telecoms Giant Rings Up Forecast-Busting Q4 Sales
Mobile phone group Nokia (NOK) has dialed up better than expected fourth quarter results, boosted by rising demand for its ...
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