Intel was founded in 1968 by Robert Noyce and Gordon Moore. They had decide to leave the company that they had been working for, Fairchild Semiconductor. The reason that they left was because they invented the integrated circuit. Soon after, they were joined by a Hungarian refugee named Andrew Grove, who was the CEO of Intel until the 1990's. They business was to build large scale integrated circuits. At first the company was named NM Electronics, standing for Noyce Moore, but then decided to call it Intel, the first letters of integrated electronics. The company went on to invent one of computer history's biggest moves forward: inventing the microprocessor.
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