This article was written by Phineas Upham
Intel, founded in 1968, is an American manufacturer of semiconductors and microchips. Intel actually stands for Integrated Electronics, and the company specializes in creating embedded processors and motherboard chip sets.
The company was founded by Robert Noyce and Gordon Moore, with an initial investment of $2.5 million in venture capital. Within two years, the company had completed its IPO, hitting the market with a share price of $23.50.
Intel is now a household name, but it wasn’t always this way. It’s “Intel Inside” campaign all throughout the 90s helped to brand the chip maker as technology synonymous with computing. For many years, an Intel Inside a computer was far more preferable to other processors.
Intel was also an early adopter of chipsets that included SRAM and DRAM, but this was only after the success of the personal computer. It’s hard to believe today, but there was a time when betting on the PC was a huge gamble. As the 80s closed and the 90s began, Intel began heavy investment in the development of microprocessors, which led to them enjoying an overwhelming share of the personal computing market.
Intel has been a major player for several decades, holding sway over the industry. It has had several legal battles with rival Advanced Micro Devices, including anti-trust litigation related to unfair competition. Intel has also battled with Microsoft about the future of computing, partnering with Apple at one point out of spite.