Intel Bio. Essay

903 words - 4 pages

INTELThere are a lot of important people, and technologies that influenced the development of the PC but I selected the Intel Corporation with its contribution of the microprocessor. It was in 1958 that Bob Noyce, Gordon Moore and six other ex employees of Fairchild Semiconductor came up with the idea of the microprossor and to start up their own company. "One year later Noyce patented a planar process for coating a layer of oxide over silicon, which then led to the invention of the integrated circuit, it was a type of a microprocessor that made the computers a little faster."-cnn moneyNine years later, in 1968, Noyce and Moore approached the venture capitalist (people who lend money to start up new companies) Arthur Rock who within two days arranged $2.5m to start a new company they were to call Intel. Bob Noyce typed himself a one page idea of what he wanted to do with his new company, and that was enough to convince San Francisco venture capitalist Art Rock to back Noyce's and Moore's new idea. Rock raised, like I said before $2.5 million dollars in less than 2 days. The name "Moore Noyce" was already trademarked by a hotel chain, so the two founders decided upon the name "Intel" for their new company, a shortened version of "Integrated Electronics".Intel's first money making product was the 3101 Schottky bipolar 64-bit static random access memory (SRAM) chip. In late 1969, a potential client from Japan called Busicom, asked to have twelve custom chips designed. That my friends was a big contract for the Intel Corp.. Without a doubt, Intel is the market leader of the microprocessing world. It has greater than an 80% share of the PC microprocessor market products.From its debut in 1968 by Bob Noyce and Gordon Moore, Intel has grown to employ more than 70,000 employees worldwide with revenues greater than $30 billion a year and is estimated to be worth a lot of mula.In conclusion, the Intel Corporation is Financially wealthy and successful not only thanks to the smart scientist who came up with the corporation and who invented the micro-chips but also to the contracts they got over all they PC companies around, for example Dell, Sony, Gateway, ect..OUTLOOKMy company today is very successful in the business world of today. Its said by the senior editor of Forbes, "...the Intel company, represents the skies.." my guess is that skies is the limit. Though Financially stable as they are, like everyone else they have their ups and downs in the stock market. According to "CNN-Money" they said, "Demand for notebooks and servers should fuel Intel's...

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