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Intel Corporation

Integrated Electronics Corporation, Or Intel Co., is the leading maker of electronic components and seller of integrated circuits for computing and communications industries in the world. It is the inventor of most motherboards, fixed processors, flash memory, microchips, network cards and other equipment found in personal computers.

Based in Santa Clara, California, Intel Co. was founded in July 18, 1968 by semiconductor giants Robert Norton Noyce and Gordon Earle Moore. Their subordinate, Andrew Stephen Grove, was one of the first employees of Intel Co. and played a key role in leadership following its success.

Gordon Moore, a graduate from the California Institute of Technology, was a chemist and physicist who served as executive vice president of Intel Co. for 7 years. He and Robert Noyce, physicist and co-founder of Intel, met at the Fairchild Semiconductor International, where they both left the company together.

Being Intel’s third employee, Andy Grove, scientist and chemical engineer, only became the president of the company in 1979, and CEO in 1987. He was believed to have transformed Intel into one of the world’s largest manufacturers of microprocessors.

During its founding, Intel was only known for creating semiconductors, with early developments such as the SRAM and DRAM, which are random access memory chips. By the 1980s, the current CEO, Andy Grove, managed to shift their focus from creating semiconductors to producing microprocessors, which led to a 10-year phase of exceptional growth thus becoming the most lucrative hardware seller in the industry.

The introduction of the first ever microprocessor chip was in 1971, the Intel 4004, which then led personal computers (PC) selling in large numbers after four years. IBM was the first multinational computer company to use Intel’s CPU platform, the 8088 microprocessor.

Intel 8080 and the Intel 286 followed. Compaq, a personal computer company, was the first user of the i386-based system. Then Intel 486 was introduced in 1989. Soon after, Intel created a subsequent design in 1993 named Pentium, formerly called P5. Then Pentium Pro, Pentium II, Itanium, Pentium 4 and the Core 2 Duo followed.

After numerous creations of architectures in microprocessors, Intel started a marketing campaign called “Intel Inside”, which proved to be a success in the 1990s. This program catapulted the corporation into becoming a household name.

In 2005, Intel Co. was ranked 49th in the Fortune 500 annual list of public corporations ranked by their gross incomes. So far, Intel’s biggest clients are HP, Dell, Apple, and Packard-Bell.


Intel Corporation in the News

Sources:

http://www.intel.com/intel/index.htm?iid=gg_about+intel_aboutintel

http://en.wikipedia.org/wiki/Intel

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