Intel Corporation was founded in 1968 by Gordon E. Moore, Robert Noyce, Arthur Rock, and Max Palevsky. The name Intel comes from the original name for their company, Integrated Electronics.
The initial investment for Intel was $2.5 million. The company went public just two years later, with an initial IPO of $6.8 million ($23.50 per share).
Intel’s first product was a semiconductor. During the 1970s the business expanded as the company improved its manufacturing processes and diversified its product line to include memory devices, microprocessors, and one of the first microcomputers.
During the 1980’s Intel decided to focus on microprocessors. This started a period of unprecedented growth as the primary hardware supplier to the personal computer industry.
In the first decade of the 2000’s Intel’s growth slowed due to fierce competition.
Since 2010 Intel has acquired several businesses, including the manufacturer of security technology, McAfee.
Intel is also actively working on improving Artificial Intelligence, according to Forbes.
Today Intel manufactures motherboard chipsets, network interface controllers, integrated circuits, flash memory, graphic chips, and embedded processors.
Intel trades on the NASDAQ under the symbol INTC, is part of the NASDAQ 100 and the S&P 500, has 104,700 employees and had revenue of $53.54 billion in 2012.
Intel CorporationIntel Corporation was founded in 1968 by Gordon E. Moore, Robert Noyce, Arthur Rock, and Max Palevsky. The name Intel comes from the original name for their company, Integrated Electronics.
The initial investment for Intel was $2.5 million. The company went public just two years later, with an initial IPO of $6.8 million ($23.50 per share).
Intel’s first product was a semiconductor. During the 1970s the business expanded as the company improved its manufacturing processes and diversified its product line to include memory devices, microprocessors, and one of the first microcomputers.
History
During the 1980’s Intel decided to focus on microprocessors. This started a period of unprecedented growth as the primary hardware supplier to the personal computer industry.
In the first decade of the 2000’s Intel’s growth slowed due to fierce competition.
Since 2010 Intel has acquired several businesses, including the manufacturer of security technology, McAfee.
Intel is also actively working on improving Artificial Intelligence, according to Forbes.
Today Intel manufactures motherboard chipsets, network interface controllers, integrated circuits, flash memory, graphic chips, and embedded processors.
Intel trades on the NASDAQ under the symbol INTC, is part of the NASDAQ 100 and the S&P 500, has 104,700 employees and had revenue of $53.54 billion in 2012.
