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History of Intel

In 1968, Bob Noyce and Gordon Moore quit their jobs at the Fairchild Semiconductor Company. Both men came up with the idea to create their own company of semiconductor chips. After pitching their ideas to create their own company, a man named Art Rock decided to invest his money into Noyce and Moore’s venture (Intel Website). Soon after, the two founders decided on the name “Intel”, which was short for “integrated electronics”. “Intel’s first money making product was the 3101 Schottky bipolar 64-bit static random access memory (SRAM) chip” (Bellis, Mary).

In November, 1971, Intel publicly introduced the world’s first single-microprocessor chip, the Intel 4004. The 4004 chip was invented by Federico Faggin, Ted Hoff, and Stan Mazor. Mary Bellis states, “Hoff and the Intel team developed such an architecture with just over 2,300 transistors in an area of only 3 by 4 millimeters. With its 4-bit CPU, command register, decoder, decoding control, control monitoring of machine commands and interim register, the 4004 was one heck of a little invention” (Inventors of a Modern Computer).

By 1985, Intel produced the Intel386™. Sporting new 32-bit architecture and a staggering 275,000 transistors, the chip could p


Intel has two bonus programs to reward employees’ contributions to the company's success. First, the Employee Cash Bonus Plan (ECBP) is a profit-sharing program tied directly to Intel's financial performance. This program rewards employees through a cash payout twice each year. Over the inception of the plan, the corporate average is 7.7% of annual eligible income or 20 days pay. Second, the Employee Bonus is based on individual and business group performance, as well as corporate earnings per share. This reward is paid out once each year and could represent as much as 1 to 4% of your eligible earnings.

There are several reasons why Intel would be the job for me. The first reason is that the computer fascinates me. I would like to design better and more powerful computers, laptops, and PDAs in the future. Intel offers jobs for people like me in the hardware engineering department. Personally, I can contribute the skills that I will acquire from DeVry. I am currently pursuing the computer engineering degree and will hope to achieve this in a couple of years.

Intel Currently employs 53,637 people, in which 36 percent are minority and 25 percent are women. Intel’s main headquarters is located in Santa Clara, CA and around 7,000 employees work at this facility. Other major locations include, Chandler, AZ, Hudson, MA , Colorado Springs, CO, and Rio Rancho, NM. There is also one Intel Facility located in Parsippany, NJ but it’s not as large as others.

At Intel, employees own a stake in the company. Through Intel's Stock Option Plan, full and part-time employees are eligible to re

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Approximate Word count = 1075
Approximate Pages = 4 (250 words per page double spaced)


  

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