The rise and decline of Intel
Intel CEO Pat Gelsinger inherited a troubled company that had lost its edge in manufacturing skills and had ceded to rivals the hugely lucrative markets for chips used in mobile phones and artificial intelligence.
1968 — Robert Noyce and Gordon Moore found Intel, helping reshape California's Santa Clara Valley from fruit orchards into the Silicon Valley tech hub.
1971 — Intel introduces the 4004, the world's first commercially made programmable microprocessor, with 2,300 transistors. These were among the first chips that could be programmed to perform specific functions, unlike previous processors that were hardwired only for a certain task — a turning point in the history of the semiconductor industry that laid the groundwork for the development of CPUs.
1981 — Intel's 8088 microprocessor, with 29,000 transistors, becomes the brain in the IBM Personal Computer, kicking off the era of personal computing.
1982 — Advanced Micro Devices, co-founded in 1969 by a fellow Fairchild Semiconductor alum, becomes a second producer of the Intel 8086 microprocessor. This partnership would later cause a long legal battle over AMD's rights to use Intel's x86 chip architecture, which is the basis of a majority of PC and server chips today.
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