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.

The head of Intel’s artificial-intelligence operations is leaving to take the top job at Nokia, just months after former Intel CEO Pat Gelsinger abruptly retired from the company. Justin Hotard, the executive vice president and general manager of Intel’s Data Center and AI Group,

Nokia's current President and Chief Executive Officer, Pekka Lundmark, Nokia's Chair of the Board of Directors Sari Baldauf and the next President and Chief Executive Officer of Nokia, Justin Hotard attend the company's press conference in Espoo, Finland February 10, 2025. Lehtikuva/Markku Ulander/via REUTERS

Chinese automaker Great Wall Motor and China's leading telecoms providers are integrating the AI model released by DeepSeek into their offerings, the latest Chinese companies look