Instead, they founded the company as NM Electronics on July 18, 1968, but by the end of the month had changed the name to Intel, which stood for Integrated Electronics. Since "Intel" was already trademarked by the hotel chain Intelco, it had to buy the rights for the name.

Early history

At its founding, Intel was distinguished by its ability to make logic circuits using semiconductor devices. The founders' goal was the semiconductor memory

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