Intel Corp (NYSE: INTC) is the largest producer of semiconductors. Intel Corp specializes in motherboards, wireless connectivity, network storage, flash memory, and many more products. Intel’s main competitor is the semiconductor producer Advanced Micro Devices (NYSE: AMD). Intel Corp tends to pair their devices with video cards and technology from the NVIDIA Corporation (NASDAQ: NVDA), while Advanced Micro Devices producers their own video cards, pairing their processors with technology from their subsidiary, ATI. ATI was a former competitor with Intel’s partner, the NVIDIA Corporation.
Intel Corp recently announced an acquisition of McAfee, Inc. (NYSE: MFE) for 7.68 billion dollars. As a result of the impending merger, McAfee stock prices rose from $29.93 per share to over $48.00 per share. Intel Corp, after acquiring McAfee, Inc. will be in direct competition with the Symantec Corporation (NYSE:SYMC) for antivirus products. It is anticipated that Intel will consolidate McAfee’s line of products into a new software suite.
Gordon E. Moore founded Intel in 1968 as a new semiconductor corporation. A split from Fairchild Semiconductor left a number of unemployed engineers who supplied the foundation of Intel. Andy Grove, the third employee of Intel Corp and a chemical engineer, led the company through growth and turmoil in the 80’s and 90’s.
Intel began as a simple producer of SRAM chips. Their business expanded in the 70’s to include a wider range of products, but they remained dedicated to memory devices. In 1971, Intel created the world’s first commercially available microprocessor. Following this, the sudden success of the IBM personal computer convinced Intel to shift their focus to the creation of microprocessors.
After the dot com bubble burst in 2001, Intel stock price growth slowed to a crawl. Competitors like Advanced Micro Devices rose to challenge Intel’s seemingly hegemonic monopoly over the microprocessor industry. The company regained momentum in 2006 when a new line of quad core processors were introduced to conventions around the world. The size of the Intel Corp (NYSE: INTC) microprocessors has steadily decreased per year.
Intel has been a continuous indicator of the overall size of the microprocessor. Futurists and popular scientists have used Intel as a way to postulate the pace of technological singularity theory.
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