Word: intel
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Dates: during 2000-2009
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...University will honor today the chair and former CEO of Intel Inc. with a Doctorate of Laws...
Grove was Time Magazine's Man of the Year in 1997. He joined Intel upon its creation in 1968, taking over as president in 1979 and CEO eight years later...
...early 1990s, Intel was the world's foremost producer of microprocessors, supplying 90 percent of the world's computers with their juice...
...Grove and Intel were not out of the woods yet. Intel faced its biggest--and most public--crisis in 1994. After introducing the new Pentium processor, the fastest microchip yet created, Intel engineers found a bug in their new product. At first, Grove did not bend. Refusing to see the public relations implications, he decided to selectively replace only a few computers containing the problematic chip...
Grove soon realized that in the computer revolution, consumer discontent could kill a product. Reversing his previous strategy, Grove declared he would replace computers containing Pentium chips. The move cost Intel nearly $475 million, but the company rebounded from the temporary crisis with major publicity--and celebrity for its CEO, Andy Grove...