Intel was an early developer of SRAM and DRAM memory chips, which represented the majority of its business until 1981. The fact that "intel" is the term for intelligence information also made the name appropriate. The company's name was conceived as portmanteau of the words integrated and electronics, with co-founder Noyce having been a key inventor of the integrated circuit (microchip). Intel was a key component of the rise of Silicon Valley as a high-tech center. Intel was founded on July 18, 1968, by semiconductor pioneers Gordon Moore (of Moore's law) and Robert Noyce, and is associated with the executive leadership and vision of Andrew Grove. Intel also manufactures motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphics chips, embedded processors and other devices related to communications and computing. Intel supplies microprocessors for computer system manufacturers such as Lenovo, HP, and Dell. 45 in the 2020 Fortune 500 list of the largest United States corporations by total revenue for nearly a decade, from 2007 to 2016 fiscal years. Incorporated in Delaware, Intel ranked No.
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It is the world's largest semiconductor chip manufacturer by revenue, and is the developer of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California.
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