World News | Intel co-founder Gordon Moore dies at 94

New York [US]China News Service, March 25 (Xinhua) According to the “New York Times” report, Gordon E. Moore, the co-founder of the American multinational corporation and technology company Intel Corporation, died Saturday at his home in Hawaii.

Both Intel and the Gordon and Betty Moore Foundation acknowledged his death, however, they did not provide details of his passing.

Read also | USA: Explosion at Pennsylvania chocolate factory; two dead, many unaccounted for.

Moore’s vision of the exponential growth of computer chip technology in the 1960s laid the foundation for the high-tech era. According to the New York Times, the California semiconductor chip maker that helped give Silicon Valley its name has acquired a huge industrial dominance that was once held by the sprawling U.S. railroad or steel industry.

Moore always referred to himself as an “accidental entrepreneur” because he always wanted to be a teacher but failed to become one. He became a billionaire thanks to his initial $500 investment in the burgeoning microchip industry, making the electronics industry one of the largest in the world.

Read also | Former Los Angeles Mayor Eric Garcetti was officially sworn in as U.S. Ambassador to India by Vice President Kamala Harris (watch video).

He is also credited with making laptops accessible to hundreds of millions of people and putting microprocessors in everything from toasters, bathroom scales and toy fire engines to phones, cars and airplanes, according to The New York Times. praised. Moore, along with his wife, Betty Moore, has made huge contributions to philanthropy.

The pair founded the Gordon and Betty Moore Foundation in 2001, donating 175 million shares of Intel stock in the process. In 2001, they donated $600 million to the university, the largest single gift to the university at the time.

Moore and his longtime colleague Robert Noyce founded Intel in July 1968.

Before becoming president in 1975, Moore was executive vice president. The Intel newsroom informs that Moore was named chairman of the board and CEO in 1979, a position he held until 1987 when he resigned as CEO but retained the chairmanship.

Remarkably, by the 1990s, Intel contained microprocessors in 80 percent of the computers produced worldwide, making it the most prosperous semiconductor company in history. (Arnie)

(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)