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Other firms were started by Stanford University professors. William Shockley, co-inventor of the transistor, taught electrical engineering at Stanford. Eight alumni of Shockley Transistor Corp., which he founded in 1956, went on to form Fairchild Camera and Instrument, which launched the microchip industry. Some 53 so-called Fairchildren who left the firm have started their own semiconductor companies...

Author: /time Magazine | Title: Striking It Rich: A new breed of risk takers is betting on the high-technology future | 2/15/1982 | See Source »

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