Word: intell
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Dates: during 1990-1999
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...result is one of the great statistical zingers of our age: every month, 4 quadrillion transistors are produced, more than half a million for every human on the planet. Intel's space-suited workers etch more than 7 million, in lines one four-hundredth the thickness of a human hair, on each of its thumbnail-size Pentium II chips, which sell for about $500 and can make 588 million calculations a second...
...them are still trying to figure out what to do with all their money. The wealth is a surprise. Eva recalls the day when Grove got options in 1968: "I had higher hopes for Intel than he did. When he got his first options, I thought, 'Hmm. If that gets to be $100, then...' And he said, 'Ach! It's never going to be $100." Try $10,000. The Groves today are worth north of $300 million...
Mostly, though, he continues to fret about Intel's future. The firm faces dozens of challenges--from cheap PCs to antitrust investigations--and Grove is engaged in the meta-movements of the technology world more deeply than ever. Says David Wu, an analyst at ABN AMRO Chicago: "I used to have a lot of problems with Intel, but every time I asked them a question, they had already thought about...
Grove polishes Intel strategy twice a year with a half-day "state of the industry" report to Intel's directors and top executives. After the presentation, the CEO submits to an intellectual firing squad led by the likes of Rock and Moore. Grove's performances, say those who have seen them, are a mixture of showmanship and brainpower, as if Albert Einstein were guest host of the Tonight Show. "Andy thinks faster than most people, certainly than me," says Rock, who has made billions betting on firms such as Intel and Apple. "I would hate to compete with Intel...
...Intel's competitors. If Grove is tough on people inside Intel, he is brutal with competition. Intel's current victims are Advanced Micro Devices and National Semiconductor, but no single firm poses much of a threat. Intel, says AMD CEO Jerry Sanders, makes it nearly impossible to get access to the big customers--Compaq, Dell, Gateway--that make for economies of scale. "That's where Intel makes it tough," says Sanders, another Fairchild alum. "In my view Intel goes right to the edge--and sometimes over it--to exclude people from providing chips to those guys...