Incoming Intel CEO says majority of 2023 products will be made internally

On an earnings call on Thursday, Gelsinger (pic) said he had reviewed the company's manufacturing operations over the previous week and was "confident that the majority of our 2023 products will be manufactured internally" though he also said that Intel's use of outside chip factories is likely to increase

The incoming chief executive of Intel Corp said on Thursday that most of the company's 2023 products will be made in the company's factories.

Intel last week named Pat Gelsinger (pic) of VMware Inc as its incoming chief executive effective Feb. 15 as it grapples with delays in its 7-nanometer chip manufacturing technology.