The Intel Corporation began in 1968 by a chemist, Gordon Moore and a physicist, Robert Noyce. These two had invented the integrated circuit then decided to form their own company and leave their job at Fairchild Semiconductor behind. Moore was unhappy at his job because no matter how much science he did, an artlike skill would always be associated with his work. The company they started was called NM Electronics. Their company was originally started for manufacturing large-scale (LSI) circuits. They eventually gained another partner, Andrew Grove and renamed their company what it is today Intel (Intergrated Electronics). In later years, Noyce decided to step down from the company in 1978 and Moore left the company in 1997.
In late 1968, Intel had began making semiconductor memories. At the time, these memories were 10x more expensive than the industry standard at the time. In 1970, the company had its first step forward when they created a one-kilobyte dynamic random-access memory (DRAM).
The DRAM was the first chip with the ability to store a significant amount of information. In 1971 Intel introduced the world's first microprocessor. These products enabled Intel's semiconductor chips to replace the industry standard as the memories of computers.
Intel introduced an eight-bit microprocessor in 1974. It was the world's first general-purpose microprocessor. It made available some of the first microcomputers used in cash registers, automatic teller machines, and other consumer products. IBM chose to use Intel's 16-bit microprocessor in its first PC. This was the jump start of Intel microprocessors becoming a standard for all PC-type machines. After that, Intel produced faster and more powerful microprocessors. Some that you may have heard of are the series of Pentium that start in 1993 and updated every two years and the Intel Core 2 Duo that appeared in 2007.