Intel Corporation is a US-based multinational corporation that is best known for designing and manufacturing microprocessors and
specialized integrated circuits. Intel also makes networking cards, motherboard chipsets, components, and other devices.
Intel has advanced research projects in all aspects of semiconductor manufacturing.
Intel was founded in 1968 by Gordon E. Moore (a chemist and physicist) and Robert Noyce (a physicist). Its employee number four was
Andy Grove (a chemical engineer), who ran the company through much of the 1980s and the high-growth 1990s. It is Grove who is now
remembered as the company's key leader. Intel by the end of the 1990s was one of the largest and most successful businesses in the
world, though fierce competition within the semiconductor industry has since diminished its position somewhat.
The company's first products were random-access memory integrated circuits, and Intel grew to be a leader in the fiercely
competitive DRAM, SRAM, and ROM markets throughout the 1970s. While Intel engineer Ted Hoff invented the first microprocessor,
the Intel 4004 in 1971, the microprocessor did not become the core of Intel's business until the mid-1980s.
In 1983, at the dawn of the personal computer era, Intel's profits came under increased pressure from Japanese memory-chip
manufacturers, and then-President Andy Grove drove the company into a focus on microprocessors. Grove described this transition
in the book Only the Paranoid Survive. A key element of his plan was the notion, then considered radical, of becoming the
single-source for successors to the popular 8086 microprocessor.