Helping start up Intel Andrew Grove

andrew grove

after completing ph.d. in 1963, grove worked @ fairchild semiconductor researcher, , 1967 had become assistant director of development. work there made him familiar development of integrated circuits, lead microcomputer revolution in 1970s. in 1967, wrote college textbook on subject, physics , technology of semiconductor devices.

andy grove, robert noyce , gordon moore (1978)

in 1968, robert noyce , gordon moore co-founded intel, after , grove left fairchild semiconductor. grove joined on day of incorporation, although not founder according company. fellow hungarian émigré leslie l. vadász intel s fourth employee. grove worked company s director of engineering, , helped manufacturing operations started. in 1983, wrote book, high output management, in described many of methods , manufacturing concepts.

initially, intel manufactured dynamic memory chips, drams. 1985, less demand memory, production problems, , challenges created japanese dumping of memory chips @ below-cost prices, grove forced make radical changes. result, chose discontinue producing drams , focus instead on manufacturing microprocessors. grove played key role in negotiating ibm use intel microprocessors in new personal computers.

the company s revenue increased $2,672 in first year $20.8 billion in 1997. grove intel s president in 1979, ceo in 1987 , chairman , ceo in 1997. relinquished ceo title in may 1998, having been diagnosed prostate cancer few years earlier, , remained chairman of board until november 2004. grove continued work @ intel senior advisor , had been lecturer @ stanford university. reflected upon intel s growth through years:

in various bits , pieces, have steered intel start-up 1 of central companies of information economy.

grove credited having transformed intel manufacturer of memory chips 1 of world s dominant producers of microprocessors. during tenure ceo, grove oversaw 4,500% increase in intel s market capitalization $4 billion $197 billion, making world s 7th largest company, 64,000 employees. of company s revenues reinvested in research , development, along building new facilities, in order produce improved , faster microprocessors.