More than 37 years ago in 1968, a company by the name of Intel had come up with a great idea of creating a microprocessor that had revolutionized society forever. Bob Noyce and Gordon Moore had left their previous company by the name of Fairchild Semiconductor because they had a good idea they thought could make them millions, so they created Intel Corporation. But however, the first microprocessor was not invented until 1971. Now Intel is the world leader in processor manufacturing and technology. Of course it all started with one good idea. Noyce and Moore put their money and reputation on the line for a cause in which they had no idea what the consequences would be and they succeeded some years later. Like all great companies with a blockbuster idea, the competition starts to heat up. In 1969, a company called Advanced Micro Devices or AMD was founded, which is still Intel’s competitor today. Through the technology bubble of the late 90s, Intel has still managed to hold its ground as the number one processor and technology manufacturer.

As of recently, Craig Barrett, the CEO of Intel of many years stepped down and new management came into play, his name is Paul Otellini. The vision of Intel has always stayed the same however, to deliver advanced processor performance and to constantly research new technologies. As of the last ten years, Intel has broadened into an overall technology company with products in the cell phone and wireless internet markets. In 1975, Intel made it big when the introduction of personal computers came alive, at the time an Intel processor was nearly in every computer sold. In 1978, Intel had created over 10,000 jobs for the company, in that same year, the company created an industry standard processor in which all other companies modeled their products after. But in 1990, co-founder Bob Noyce died, it was quoted that “Bob believed his mission in life was to leave the world in a better place.”

When the start of the new century rolled around, Intel’s flagship chip, the Pentium 4 was released; also more emphasis was put on wireless technology at the time. Approximately 80 percent of all personal computers today in age carry Intel chips. Just a few years ago, the wireless standard of Centrino technology was released. This chip promised better battery life, lighter laptops, and integrated wireless internet. The market campaign has proven successful in recent years.

As the world grows more dependent on technology, Intel has come a long way from just making processors as big as closets in 1971; it has become a huge impact on society and the lifestyles of many people. When Noyce and Moore created this company, they had no idea that it would house 85,000 employees and be worth $155 billion, and also still be standing today with many more products in the pipeline for future years. These days, the innovation for the company is lighter and faster, with more and more people carrying pocket pc’s and cell phones that do more than just act like a phone.