(Bloomberg) -- 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 ...

Nokia CEO Pekka Lundmark will step down and be replaced ... vice president and general manager of Data Center & AI Group at Intel, according to the chipmaker's website. Nokia shares are up 27. ...

Nokia President and CEO Pekka Lundmark steps down after 4.5 years Intel Data Center & AI exec Justin Hotard will replace him Lundmark will advise Hotard until the end of the year Nokia CEO and ...

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.