Pat Gelsinger isn't Intel's CEO yet, but he is already rallying the troops

Pat Gelsinger isn’t Intel’s CEO yet, but he is already rallying the troops
MarketWatch
1/22/2021
MARKETWATCH FIRST TAKE
Pat Gelsinger doesn’t officially start his new job until Feb. 15, but the incoming Intel Corp. chief executive has already begun rallying the troops.
On Thursday’s fourth-quarter earnings conference call with Wall Street, Gelsinger sat in virtually with the CEO he is replacing, Bob Swan, and gave some glimpses of his strategy for the semiconductor giant and its current manufacturing issues. The general rallying cry: We are going to do things the Intel way.
The most important announcement was the one the chip world had been anxiously anticipating: Intel’s manufacturing plans. As many had been predicting, given Gelsinger’s previous tenure at the company, Intel will stick with what it has always known by keeping most of its manufacturing in-house. Intel will continue to outsource some products to contract manufacturers like Taiwan Semiconductor Manufacturing Corp. of Taiwan, but how much and which products is still a mystery.

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