Following their departure from Fairchild Semiconductors, 1968 saw Bob Noyce and Gordon Moore found Intel with the help of venture capitalist Arthur Rock.
By 1969 they had their own corporate identity – the famous “dropped-e" Intel logo and the following year purchased 26 acres of land to develop as the company grows off the back of successful RAM components. 1970 also sees silicon adopted as the basis for DRAM.
With the world’s first microprocessor and the first erasable programmable ROM chip (EPROM), Intel went public in 1971, with $23.50 per share raising $6.8 million.
Following the first international plant in Malaysia, Intel entered the then-embryonic digital watch market in 1972 by purchasing Microma – and in 1974 the first general purpose microprocessor, the 8080, is introduced, featuring 4,500 transistors. Within two years the 8080 can be found in cash registers, traffic lights and the Altair 8080 hobbyist home computer.
The world’s first microcontrollers – the 8748 and 8048 – were unveiled in 1976, combining CPU, RAM, peripherals and other functions on a single piece of silicon, and two years later Intel celebrated their first ten years of success with 10,000 employees.
After making the Fortune 500 list in 1979 as one of ten “Business Triumphs of the Seventies" Intel welcomed a new decade by demonstrating Ethernet with DEC and Xerox in 1980.