Jackson, Tim. Inside Intel: Andy Grove and the Rise of the World's Most
Powerful Chip Company. New York: Dutton (Penguin Books), 1997. 424 pages.
Intel Corporation was founded in 1968 by Robert Noyce and Gordon Moore.
They were from Fairchild Semiconductor, which by 1967 had lost momentum.
Both were engineers with outstanding reputations in the field of integrated
circuits, and had no trouble getting venture funding to start up Intel.
Andy Grove, a university student in Hungary who emigrated to America after
the Soviet intervention in 1956, was another Fairchild engineer who moved
over to Intel. In 1971 Intel announced the 4004 microprocessor. The next
year they released the 8008. It wasn't long before Bill Gates and Paul
Allen, two students from a private high school in Northern Seattle, scraped
together the $360 they needed to buy a 8008 from a local electronics store.
By 1984 Intel had 25,000 employees, but their memory chip business was
hurting because of competition from Japan. Within a year they got out of
memory chips and concentrated on microprocessors. The 286, 386, 486 and
Pentium chips provided solid growth over the next ten years, nurtured partly
by the Microsoft monopoly over desktop computing. [In 2000 Intel had 70,000
employees. Chief executive Craig Barrett, groomed as the successor to the
63-year-old Grove, is looking for ways to expand beyond processors, into
chips and products for networking and communications. Grove is now a roving
Intel promoter, while day-to-day operations are handled by Barrett.]
ISBN 0-525-94141-X
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