Sultan of Silicon Valley
Learning the history of the Intel microprocessors was very interesting, after reading this story I see why Andrew Grove is deemed as the âSultan of Silicon Valleyâ. In the 1980âs Andrew Grove had a hunger like most entrepreneurs do. He wanted to the Intel Corporation to be in the forefront of the âtechno-colonyâ as he believed in his product for the technological era.
Due to an unfortunate circumstance of a recession in Japan, Intel because the forerunner for the semiconductor industry. They were labeled as the âmost powerful semiconductor firm in existenceâ.
Intel Corp. brought to the table a new innovation to the table with chairman Gordon Moore as they applied the discovery source of science and excess demand as they commercialized the DRAM to forms a computerâs memory co-invented by Robert Noyce. They improved upon a product that already existed to channel new combinations of introducing a new quality of a good and opening a brand new market. That hard work proved to pay off for Grove and Moore because Intel was able to pocket $5.8 billion dollars of revenue in 1992. This gave the company a high review of innovation due its breakthrough discovery.
The value of Intel Corp. is very high. They have been able to create high back orders creating a real value for stakeholders saw that âIntelâs share prices have climbed a heart-stopping 20 percentâ and was able to have a net income of $1 billion. This semiconductor processing technology would be something that I would of purchased in that time, but I am certain that the company was able to land contracts with a variety of large companies. The firm will produce an estimated 30 million of the superfast chips this year alone and it doubled last yearâs volume. Intel planned to introduce its next-generation chip, a virtual mainframe computer on a chip.
At this time, Intel is effectively financing the Harvest System Model, the marketing