Intel





Intel is a US based multinational corporation that makes microprocessors and
specialized integrated circuits.

It was founded in 1968 by Gordon E. Moore and Robert Noyce. Its employee
number 4 was Andrew Grove, who ran the company more or less from his arrival
in the 1960s through his retirement in the 1990s, building it into one of
the largest and most successful businesses in the world.

Moore and Noyce wanted to name their new company 'Moore Noyce' but that was
already trademarked by a hotel chain, so they had to settle for an acronym
of INTegrated ELectronics.

The company started as a memory manufacturer before making the switch to
processors. Andrew Grove described this transition in the book Only the
Paranoid Survive.

On July 23, 1997 DEC filed antitrust charges against Intel.

Intel currently (as of 2001) produces microprocessors, networking
components, motherboard chipsets, and more.

Financial information

Intel is publicly traded at Nasdaq. It market capitalisation is about
US$99.7 and shares are traded at US$20 (June 2003).

Intel corporation is a component of the GSTI Software Index

Intel is also a short name for intelligence, in reference to Military
intelligence, and espionage.