Word: intell
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...Will I be tagged a troublemaker? Why does my secretary resent picking up my laundry and balancing my checkbook? My boss throws temper tantrums. What do I do? Well, you could ask Andy. In a column published each Wednesday in the San Jose Mercury News, Andrew Grove, president of Intel, a semiconductor manufacturer, answers questions about the woes of the workplace. Since last October, Grove has been dealing with two letters a week in the column "High Output Management," which has been modeled after "Dear Abby...
Grove, 48, the son of a Hungarian dairyman, came to the U.S. in 1957. After working in research and development at Fairchild Camera & Instrument, he joined Intel (1984 sales: $1.6 billion) in 1968 shortly after it had been founded by two Fairchild alumni. He was named president in 1979. Despite his business success, Grove was always attracted to publishing. He has written a book on management and a textbook on semiconductors. His articles have also appeared in FORTUNE, the Wall Street Journal and the New York Times. Last summer at a party during the Democratic Convention, Grove revealed to Mercury...
...industry's latest profit reports reveal the extent to which semiconductor makers have been raking in the chips. Last week Intel Corp., a major Santa Clara, Calif., producer of logic and memory circuits, said its third-quarter earnings more than doubled to $70 million, vs. $32.1 million last year. Advanced Micro Devices had an even bigger gain. The Sunnyvale, Calif., chipmaker made $42.1 million in its latest quarter, against $12.2 million for the same period a year...
...industry is already waiting for IBM's next acquisition. Predicts Morgan Stanley's Weil: "Now that the precedent has been set and the taboo broken, IBM won't stop at Rolm." One possible target is Intel, a leading manufacturer of semiconductor chips, the key components of computers. IBM already owns 20% of Intel and may decide to go for more. -By Charles P. Alexander. Reported by Thomas McCarroll/New York and Michael Moritz/San Francisco
...outsiders, California's Silicon Valley looks like a contemporary El Dorado. Once given over to fruit orchards, its 150 sq. mi. in Santa Clara County are home to some of America's most successful and innovative companies, including Hewlett-Packard, Intel and Apple Computer. Hundreds of other high-technology firms are trying to mimic their success. While the vast majority have prospered, quite a few are now discovering that not all the streets in the valley are paved with profits. For them, the earlier dreams of success and overnight riches have crumbled...