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Events on Thursday 18 July 1968 1
1968Intel founded — Moore and Noyce leave FairchildGordon Moore and Robert Noyce found Intel Corporation on 18 July 1968 in Mountain View, California, with $2.5 million from venture capitalist Arthur Rock — one of the first significant venture capital investments in Silicon Valley history. Moore and Noyce had both been among the 'Traitorous Eight' who left Shockley Semiconductor in 1957 to found Fairchild Semiconductor — the company that invented the integrated circuit and seeded Silicon Valley. At Intel, Noyce is the visionary; Moore is the technologist; and their third hire, Andy Grove, will prove the greatest manager.