Intels Net Worth is$54 Billion
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Nicknames: Corp Intel, Staff Intel, Intel
What is Intels net worth? Intels net worth is 54 billion dollars. Intel grew out of a joint venture between two physicists and a venture capitalist. George E. Moore, a famous physicist and chemist, joined with Robert Noyce, another physicist who co-invented integrated circuits, and venture capitalist, Arthur Rock, to launch Intel in 1968. Both Moore and Noyce had worked for Fairchild Semiconductor, and it was semiconductor production that got Intel off to a strong start. The first two semiconductors they produced were faster than any others on the market, and the company had more than tripled in value by the end of its second year. Throughout much of the 70s, they dominated the semiconductor market, but then competition from manufacturers in Asia forced them to shift direction. They had already begun experimenting with ways to improve micro-processing and random access memory, and it was their research and development in these areas that would take them forward. They became the primary source of microprocessors for IBM throughout the 80s and early 90s, and their name became synonymous with speed. In the late 90s, however, the company ran into a combination of stagnant growth, slowed development, strong competition, and lawsuits from other companies. They restructured in 2005, and have since focused on a combination of microarchitecture and process development. The shift in direction proved successful, and over the last few years, they have begun buying up smaller, related companies such as McAfee and Infineon Technologies. They also recently expanded into mobile technologies, and opened a new microprocessor plant in Arizona. Intel currently employs 100,100 people.

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Intels Latest News

Reps give Intels 24 hours to pay dues owed FG

The house of representatives ad hoc committee on the treasury single account (TSA) has ordered the management of Intels to remit the funds accrued from its pilotage service contract with the federal government within 24 hours. The lawmakers gave the ...
Posted: December 14, 2017, 5:41 am

Reps order Intels to remit multi-million dollar dues owe NPA within 24hrs

ABUJA — THE House of Representatives yesterday ordered management of Intels to remit the multi-million dollar revenue accrued from pilotage service contract into the Treasury Single Account, TSA, within 24 hours. The lawmakers also asked the management ...
Posted: December 13, 2017, 4:40 pm

Business House Of Reps Hit Atiku's INTELS Hard, Orders Company To Pay Millions Of Dollars In 24 Hours

hmmmm, so Atikus Intel has been owing Nigeria a huge amount of money and Buhari covered it up because he was then an APC member, now its blown open cos..... @Samguine @RemmyAlex does this qualify sai baba as corrupt? Click to expand...
Posted: December 14, 2017, 4:13 am
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