Intel Intel also manufactures motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphics chips, embedded processors and other devices related to communications and computing. Intel Corporation was founded on July 18, 1968, by semiconductor pioneers Robert Noyce and Gordon Moore (of Moore's law), and widely associated with the executive leadership and vision of Andrew Grove. The company's name was conceived as portmanteau of the words "int"egrated and "el"ectronics, with co-founder Noyce having been a key inventor of the integrated circuit (microchip). The fact that "intel" is the term for intelligence information also made the name appropriate. Intel was an
Allen B. DuMont in AM/FM radio and record player. DuMont sold his television manufacturing division to Emerson Radio in 1958, and sold the remainder of the company to Fairchild Camera in 1960. Fairchild later developed semiconductor microchips. Robert Noyce, a co-founder of Intel, originally worked for DuMont as an engineer. The DuMont Television Network was not an unqualified success, being faced with the major problem of how to make a profit without the benefit of an already established radio network as a base. After ten years, DuMont shuttered the network and sold what remained of his television operations to John Kluge in 1956,