In the microelectronics industry, a semiconductor fabrication plant (commonly called a fab ; sometimes foundry ) is a factory for semiconductor device fabrication .
112-802: Fabs require many expensive devices to function. Estimates put the cost of building a new fab at over one billion U.S. dollars with values as high as $ 3–4 billion not being uncommon. TSMC invested $ 9.3 billion in its Fab15 300 mm wafer manufacturing facility in Taiwan. The same company estimations suggest that their future fab might cost $ 20 billion. A foundry model emerged in the 1990s: Foundries that produced their own designs were known as integrated device manufacturers (IDMs). Companies that farmed out manufacturing of their designs to foundries were termed fabless semiconductor companies . Those foundries, which did not create their own designs, were called pure-play semiconductor foundries . The central part of
224-487: A dollar are emitted as Federal Reserve Notes , disregarding these special cases: In the 16th century, Count Hieronymus Schlick of Bohemia began minting coins known as joachimstalers , named for Joachimstal , the valley in which the silver was mined. In turn, the valley's name is titled after Saint Joachim , whereby thal or tal , a cognate of the English word dale , is German for 'valley.' The joachimstaler
336-757: A dollar, and dimes at 0.100 of a dollar. After the adoption of the United States Constitution , the U.S. dollar was defined by the Coinage Act of 1792 . It specified a "dollar" based on the Spanish milled dollar to contain 371 + 4 ⁄ 16 grains of fine silver, or 416.0 grains (26.96 g) of "standard silver" of fineness 371.25/416 = 89.24%; as well as an "eagle" to contain 247 + 4 ⁄ 8 grains of fine gold, or 270.0 grains (17.50 g) of 22 karat or 91.67% fine gold. Alexander Hamilton arrived at these numbers based on
448-565: A dollar; and the eagle , or ten dollars. The current relevance of these units: The Spanish peso or dollar was historically divided into eight reales (colloquially, bits ) – hence pieces of eight . Americans also learned counting in non-decimal bits of 12 + 1 ⁄ 2 cents before 1857 when Mexican bits were more frequently encountered than American cents; in fact this practice survived in New York Stock Exchange quotations until 2001. In 1854, Secretary of
560-432: A fab is the clean room , an area where the environment is controlled to eliminate all dust, since even a single speck can ruin a microcircuit, which has nanoscale features much smaller than dust particles. The clean room must also be damped against vibration to enable nanometer-scale alignment of machines and must be kept within narrow bands of temperature and humidity. Vibration control may be achieved by using deep piles in
672-404: A few pieces of equipment reaching as high as $ 340,000,000 each (e.g. EUV scanners). A typical fab will have several hundred equipment items. Typically an advance in chip-making technology requires a completely new fab to be built. In the past, the equipment to outfit a fab was not very expensive and there were a huge number of smaller fabs producing chips in small quantities. However, the cost of
784-588: A larger number of saleable chips. It is impossible (or at least impracticable) to retrofit machinery to handle larger wafers. This is not to say that foundries using smaller wafers are necessarily obsolete; older foundries can be cheaper to operate, have higher yields for simple chips and still be productive. The industry was aiming to move from the state-of-the-art wafer size 300 mm (12 in) to 450 mm by 2018. In March 2014, Intel expected 450 mm deployment by 2020. But in 2016, corresponding joint research efforts were stopped. Additionally, there
896-575: A limited extent" as money. Treasury Notes were again printed to help resolve the reduction in public revenues resulting from the Panic of 1837 and the Panic of 1857 , as well as to help finance the Mexican–American War and the Civil War . Paper money was issued again in 1862 without the backing of precious metals due to the Civil War . In addition to Treasury Notes, Congress in 1861 authorized
1008-437: A limited group of private investors (equivalent to $ 21 million in 2022), convertible at $ 5 per share. Just 2 years later, Intel became a public company via an initial public offering (IPO), raising $ 6.8 million ($ 23.50 per share). Intel was one of the very first companies to be listed on the then-newly established National Association of Securities Dealers Automated Quotations ( NASDAQ ) stock exchange. Intel's third employee
1120-572: A major retrenchment for most of the major semiconductor manufacturers, except for Qualcomm, which continued to see healthy purchases from its largest customer, Apple. As of July 2013, five companies were using Intel's fabs via the Intel Custom Foundry division: Achronix , Tabula , Netronome , Microsemi , and Panasonic – most are field-programmable gate array (FPGA) makers, but Netronome designs network processors. Only Achronix began shipping chips made by Intel using
1232-632: A new microprocessor manufacturing facility in Chandler, Arizona , completed in 2013 at a cost of $ 5 billion. The building is now the 10 nm-certified Fab 42 and is connected to the other Fabs (12, 22, 32) on Ocotillo Campus via an enclosed bridge known as the Link. The company produces three-quarters of its products in the United States, although three-quarters of its revenue come from overseas. The Alliance for Affordable Internet (A4AI)
SECTION 10
#17327827228421344-696: A processor for tablets and smartphones – to the market in 2012, as an effort to compete with Arm. As a 32-nanometer processor, Medfield is designed to be energy-efficient, which is one of the core features in Arm's chips. At the Intel Developers Forum (IDF) 2011 in San Francisco, Intel's partnership with Google was announced. In January 2012, Google announced Android 2.3, supporting Intel's Atom microprocessor. In 2013, Intel's Kirk Skaugen said that Intel's exclusive focus on Microsoft platforms
1456-723: A reduction in Intel's dominance and market share in the PC market. Nevertheless, with a 68.4% market share as of 2023, Intel still leads the x86 market by a wide margin. In addition, Intel's ability to design and manufacture its own chips is considered a rarity in the semiconductor industry , as most chip designers do not have their own production facilities and instead rely on contract manufacturers (e.g. AMD and Nvidia ). In 2023, Dell accounted for about 19% of Intel's total revenues, Lenovo accounted for 11% of total revenues, and HP Inc. accounted for 10% of total revenues. As of May 2024,
1568-429: A response to shorter lifecycles seen in consumer electronics. The logic is that such a fab can produce smaller lots more easily and can efficiently switch its production to supply chips for a variety of new electronic devices. Another important goal is to reduce the waiting time between processing steps. Semiconductor fabrication software https://www.einnosys.com/fab-automation/ United States dollars This
1680-678: A series of revisions to the gold peg was implemented, culminating in the Nixon Shock of August 15, 1971, which suddenly ended the convertibility of dollars to gold. The U.S. dollar has since floated freely on the foreign exchange markets . Congress continued to issue paper money after the Civil War, the latest of which is the Federal Reserve Note that was authorized by the Federal Reserve Act of 1913 . Since
1792-579: A standalone business unit. Unlike Intel Custom Foundry, IFS will offer a combination of packaging and process technology, and Intel's IP portfolio including x86 cores. Other plans for the company include a partnership with IBM and a new event for developers and engineers, called "Intel ON". Gelsinger also confirmed that Intel's 7 nm process is on track, and that the first products using their 7 nm process (also known as Intel 4) are Ponte Vecchio and Meteor Lake . In January 2022, Intel reportedly selected New Albany, Ohio , near Columbus, Ohio , as
1904-636: A stroke regained much of its leadership of the field. In 2008, Intel had another "tick" when it introduced the Penryn microarchitecture, fabricated using the 45 nm process node. Later that year, Intel released a processor with the Nehalem architecture to positive reception. On June 27, 2006, the sale of Intel's XScale assets was announced. Intel agreed to sell the XScale processor business to Marvell Technology Group for an estimated $ 600 million and
2016-487: A treasury assay of the average fine silver content of a selection of worn Spanish dollars , which came out to be 371 grains. Combined with the prevailing gold-silver ratio of 15, the standard for gold was calculated at 371/15 = 24.73 grains fine gold or 26.98 grains 22K gold. Rounding the latter to 27.0 grains finalized the dollar's standard to 24.75 grains of fine gold or 24.75*15 = 371.25 grains = 24.0566 grams = 0.7735 troy ounces of fine silver. The same coinage act also set
2128-456: Is RISC-V , which is an open source CPU instruction set. The major Chinese phone and telecommunications manufacturer Huawei has released chips based on the RISC-V instruction set due to US sanctions against China . Intel has been involved in several disputes regarding the violation of antitrust laws , which are noted below. Intel reported total CO 2 e emissions (direct + indirect) for
2240-474: Is a large push to completely automate the production of semiconductor chips from beginning to end. This is often referred to as the " lights-out fab " concept. The International Sematech Manufacturing Initiative (ISMI), an extension of the US consortium SEMATECH , is sponsoring the "300 mm Prime" initiative. An important goal of this initiative is to enable fabs to produce greater quantities of smaller chips as
2352-461: Is an accepted version of this page The United States dollar ( symbol : $ ; currency code : USD ; also abbreviated US$ to distinguish it from other dollar-denominated currencies ; referred to as the dollar , U.S. dollar , American dollar , or colloquially buck ) is the official currency of the United States and several other countries . The Coinage Act of 1792 introduced
SECTION 20
#17327827228422464-460: Is associated with the executive leadership and vision of Andrew Grove . The company was a key component of the rise of Silicon Valley as a high-tech center, as well as being an early developer of SRAM and DRAM memory chips, which represented the majority of its business until 1981. Although Intel created the world's first commercial microprocessor chip—the Intel 4004 —in 1971, it was not until
2576-522: Is considered one of the world's largest semiconductor chip manufacturers by revenue and ranked in the Fortune 500 list of the largest United States corporations by revenue for nearly a decade, from 2007 to 2016 fiscal years, until it was removed from the ranking in 2018. In 2020, it was reinstated and ranked 45th, being the 7th-largest technology company in the ranking . Intel supplies microprocessors for most manufacturers of computer systems, and
2688-438: Is expected to affect Intel minimally; however, it might prompt other PC manufacturers to reevaluate their reliance on Intel and the x86 architecture. On March 23, 2021, CEO Pat Gelsinger laid out new plans for the company. These include a new strategy, called IDM 2.0, that includes investments in manufacturing facilities, use of both internal and external foundries, and a new foundry business called Intel Foundry Services (IFS),
2800-652: Is in Federal Reserve Notes (the remaining $ 50 billion is in the form of coins and older-style United States Notes ). As of September 20, 2023, the Federal Reserve estimated that the total amount of currency in circulation was approximately US$ 2.33 trillion . Article I , Section 8 of the U.S. Constitution provides that Congress has the power "[t]o coin money ." Laws implementing this power are currently codified in Title 31 of
2912-418: Is often best to either rent out the fab, or close it entirely. This is due to the tendency of the cost of upgrading an existing fab to produce devices requiring newer technology to exceed the cost of a completely new fab. There has been a trend to produce ever larger wafers , so each process step is being performed on more and more chips at once. The goal is to spread production costs (chemicals, fab time) over
3024-484: Is one of the developers of the x86 series of instruction sets found in most personal computers (PCs). It also manufactures chipsets , network interface controllers , flash memory , graphics processing units (GPUs), field-programmable gate arrays (FPGAs), and other devices related to communications and computing. Intel has a strong presence in the high-performance general-purpose and gaming PC market with its Intel Core line of CPUs, whose high-end models are among
3136-471: Is planned for 2027. Including subcontractors, this would create 10,000 new jobs. In August 2022, Intel signed a $ 30 billion partnership with Brookfield Asset Management to fund its recent factory expansions. As part of the deal, Intel would have a controlling stake by funding 51% of the cost of building new chip-making facilities in Chandler, with Brookfield owning the remaining 49% stake, allowing
3248-460: Is that it is derived from the Pillars of Hercules on the Spanish coat of arms of the Spanish dollar . These Pillars of Hercules on the silver Spanish dollar coins take the form of two vertical bars ( || ) and a swinging cloth band in the shape of an S . Yet another explanation suggests that the dollar sign was formed from the capital letters U and S written or printed one on top of
3360-603: Is the most widely used currency in international transactions , and a free-floating currency . It is also the official currency in several countries and the de facto currency in many others, with Federal Reserve Notes (and, in a few cases, U.S. coins) used in circulation. The monetary policy of the United States is conducted by the Federal Reserve System , which acts as the nation's central bank . As of February 10, 2021, currency in circulation amounted to US$ 2.10 trillion , $ 2.05 trillion of which
3472-434: Is where all fabrication takes place and contains the machinery for integrated circuit production such as steppers and/or scanners for photolithography , in addition to etching , cleaning, doping and dicing machines. All these devices are extremely precise and thus extremely expensive. Prices for most common pieces of equipment for the processing of 300 mm wafers range from $ 700,000 to upwards of $ 4,000,000 each with
Semiconductor fabrication plant - Misplaced Pages Continue
3584-468: The Coinage Act of 1834 the dollar's fine gold equivalent was revised to 23.2 grains; it was slightly adjusted to 23.22 grains (1.505 g) in 1837 (gold-silver ratio ~16). The same act also resolved the difficulty in minting the "standard silver" of 89.24% fineness by revising the dollar's alloy to 412.5 grains, 90% silver, still containing 371.25 grains fine silver. Gold was also revised to 90% fineness: 25.8 grains gross, 23.22 grains fine gold. Following
3696-551: The Comstock Lode in the 1870s. This was the so-called "Crime of '73". The Gold Standard Act of 1900 repealed the U.S. dollar's historic link to silver and defined it solely as 23.22 grains (1.505 g) of fine gold (or $ 20.67 per troy ounce of 480 grains). In 1933, gold coins were confiscated by Executive Order 6102 under Franklin D. Roosevelt , and in 1934 the standard was changed to $ 35 per troy ounce fine gold, or 13.71 grains (0.888 g) per dollar. After 1968
3808-545: The Continental Congress resolved that the money unit of the United States, the dollar, would contain 375.64 grains of fine silver; on August 8, 1786, the Continental Congress continued that definition and further resolved that the money of account, corresponding with the division of coins, would proceed in a decimal ratio , with the sub-units being mills at 0.001 of a dollar, cents at 0.010 of
3920-526: The Dutch pioneered in modern-day New York in the 17th century the use and the counting of money in silver dollars in the form of German-Dutch reichsthalers and native Dutch leeuwendaalders ('lion dollars'), it was the ubiquitous Spanish American eight-real coin which became exclusively known as the dollar since the 18th century. The colloquialism buck(s) (much like the British quid for
4032-515: The PowerPC architecture developed by the AIM alliance . This was seen as a win for Intel; an analyst called the move "risky" and "foolish", as Intel's current offerings at the time were considered to be behind those of AMD and IBM. In 2006, Intel unveiled its Core microarchitecture to widespread critical acclaim; the product range was perceived as an exceptional leap in processor performance that at
4144-614: The Semiconductor Chip Protection Act of 1984 , a law sought by Intel and the Semiconductor Industry Association (SIA). During the late 1980s and 1990s (after this law was passed), Intel also sued companies that tried to develop competitor chips to the 80386 CPU . The lawsuits were noted to significantly burden the competition with legal bills, even if Intel lost the suits. Antitrust allegations had been simmering since
4256-670: The U.S. Code , under Section 5112, which prescribes the forms in which the United States dollars should be issued. These coins are both designated in the section as " legal tender " in payment of debts. The Sacagawea dollar is one example of the copper alloy dollar, in contrast to the American Silver Eagle which is pure silver . Section 5112 also provides for the minting and issuance of other coins, which have values ranging from one cent ( U.S. Penny ) to 100 dollars. These other coins are more fully described in Coins of
4368-488: The U.S. Department of Defense is another large customer for Intel. In September 2024, Intel reportedly qualified for as much as $ 3.5 billion in federal grants to make semiconductors for the Defense Department. According to IDC , while Intel enjoyed the biggest market share in both the overall worldwide PC microprocessor market (73.3%) and the mobile PC microprocessor (80.4%) in the second quarter of 2011,
4480-710: The United States 's exorbitant privilege . The United States Mint has issued legal tender coins every year from 1792 to the present. From 1934 to the present, the only denominations produced for circulation have been the familiar penny, nickel, dime, quarter, half dollar, and dollar. Intel Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California , and incorporated in Delaware . Intel designs, manufactures, and sells computer components and related products for business and consumer markets. It
4592-492: The Zen microarchitecture and a new chiplet -based design to critical acclaim. Since its introduction, AMD, once unable to compete with Intel in the high-end CPU market, has undergone a resurgence, and Intel's dominance and market share have considerably decreased. In addition, Apple began to transition away from the x86 architecture and Intel processors to their own Apple silicon for their Macintosh computers in 2020. The transition
Semiconductor fabrication plant - Misplaced Pages Continue
4704-406: The dominant supplier of PC microprocessors, with a market share of 90%, and was known for aggressive and anti-competitive tactics in defense of its market position, particularly against AMD , as well as a struggle with Microsoft for control over the direction of the PC industry. Since the 2000s and especially since the late 2010s, Intel has faced increasing competition, which has led to
4816-401: The pound sterling ) is often used to refer to dollars of various nations, including the U.S. dollar. This term, dating to the 18th century, may have originated with the colonial leather trade, or it may also have originated from a poker term. Greenback is another nickname, originally applied specifically to the 19th-century Demand Note dollars, which were printed black and green on
4928-535: The semiconductor memory market, widely predicted to replace magnetic-core memory . Its first product, a quick entry into the small, high-speed memory market in 1969, was the 3101 Schottky TTL bipolar 64-bit static random-access memory (SRAM), which was nearly twice as fast as earlier Schottky diode implementations by Fairchild and the Electrotechnical Laboratory in Tsukuba, Japan . In
5040-401: The unit of account of the United States. "Dollar" is one of the first words of Section 9, in which the term refers to the Spanish milled dollar , or the coin worth eight Spanish reales . In 1792, the U.S. Congress passed the Coinage Act , of which Section 9 authorized the production of various coins, including: Dollars or Units —each to be of the value of a Spanish milled dollar as
5152-457: The x86 processor market is AMD, with which Intel has had full cross-licensing agreements since 1976: each partner can use the other's patented technological innovations without charge after a certain time. However, the cross-licensing agreement is canceled in the event of an AMD bankruptcy or takeover. Some smaller competitors, such as VIA Technologies, produce low-power x86 processors for small factor computers and portable equipment. However,
5264-464: The 22 nm Tri-Gate process. Several other customers also exist but were not announced at the time. The foundry business was closed in 2018 due to Intel's issues with its manufacturing. Intel continued its tick-tock model of a microarchitecture change followed by a die shrink until the 6th-generation Core family based on the Skylake microarchitecture. This model was deprecated in 2016, with
5376-540: The Treasury James Guthrie proposed creating $ 100, $ 50, and $ 25 gold coins, to be referred to as a union , half union , and quarter union , respectively, thus implying a denomination of 1 Union = $ 100. However, no such coins were ever struck, and only patterns for the $ 50 half union exist. When currently issued in circulating form, denominations less than or equal to a dollar are emitted as U.S. coins , while denominations greater than or equal to
5488-854: The Treasury to borrow $ 50 million in the form of Demand Notes , which did not bear interest but could be redeemed on demand for precious metals. However, by December 1861, the Union government's supply of specie was outstripped by demand for redemption and they were forced to suspend redemption temporarily. In February 1862 Congress passed the Legal Tender Act of 1862 , issuing United States Notes , which were not redeemable on demand and bore no interest, but were legal tender , meaning that creditors had to accept them at face value for any payment except for public debts and import tariffs. However, silver and gold coins continued to be issued, resulting in
5600-555: The U.S. dollar at par with the Spanish silver dollar , divided it into 100 cents , and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes , popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallic standard of 371.25 grains (24.057 g) (0.7734375 troy ounces) fine silver or, from 1834 , 23.22 grains (1.505 g) fine gold, or $ 20.67 per troy ounce . The Gold Standard Act of 1900 linked
5712-611: The UN Broadband Commission's worldwide target of 5% of monthly income. In April 2011, Intel began a pilot project with ZTE Corporation to produce smartphones using the Intel Atom processor for China's domestic market. In December 2011, Intel announced that it reorganized several of its business units into a new mobile and communications group that would be responsible for the company's smartphone, tablet, and wireless efforts. Intel planned to introduce Medfield –
SECTION 50
#17327827228425824-450: The United States and to supervise its banking system, particularly in the aftermath of the Panic of 1907 . For most of the post-war period, the U.S. government has financed its own spending by borrowing heavily from the dollar-lubricated global capital markets, in debts denominated in its own currency and at minimal interest rates. This ability to borrow heavily without facing a significant balance of payments crisis has been described as
5936-530: The United States dollar . Article I, Section 9 of the Constitution provides that "a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time", which is further specified by Section 331 of Title 31 of the U.S. Code. The sums of money reported in the "Statements" are currently expressed in U.S. dollars, thus the U.S. dollar may be described as
6048-680: The United States until the Coinage Act of 1857 . In particular, colonists' familiarity with the Spanish two- real quarter peso was the reason for issuing a quasi-decimal 25-cent quarter dollar coin rather than a 20-cent coin. For the relationship between the Spanish dollar and the individual state colonial currencies, see Connecticut pound , Delaware pound , Georgia pound , Maryland pound , Massachusetts pound , New Hampshire pound , New Jersey pound , New York pound , North Carolina pound , Pennsylvania pound , Rhode Island pound , South Carolina pound , and Virginia pound . On July 6, 1785,
6160-543: The United States was a significant recipient of wartime gold inflows. After the United States emerged as an even stronger global superpower during the Second World War , the Bretton Woods Agreement of 1944 established the U.S. dollar as the world's primary reserve currency and the only post-war currency linked to gold. Despite all links to gold being severed in 1971, the dollar continues to be
6272-689: The United States. Intel was incorporated in Mountain View, California , on July 18, 1968, by Gordon E. Moore (known for " Moore's law "), a chemist ; Robert Noyce , a physicist and co-inventor of the integrated circuit ; and Arthur Rock , an investor and venture capitalist . Moore and Noyce had left Fairchild Semiconductor , where they were part of the " traitorous eight " who founded it. There were originally 500,000 shares outstanding of which Dr. Noyce bought 245,000 shares, Dr. Moore 245,000 shares, and Mr. Rock 10,000 shares; all at $ 1 per share. Rock offered $ 2,500,000 of convertible debentures to
6384-587: The advent of such mobile computing devices, in particular, smartphones , has led to a decline in PC sales . Since over 95% of the world's smartphones currently use processors cores designed by Arm , using the Arm instruction set , Arm has become a major competitor for Intel's processor market. Arm is also planning to make attempts at setting foot into the PC and server market, with Ampere and IBM each individually designing CPUs for servers and supercomputers . The only other major competitor in processor instruction sets
6496-472: The air to several floor-mounted fan filter units , which are also part of the cleanroom's ceiling, the cleanroom itself, which may or may not have more than one story, a return air plenum, the clean subfab that may contain support equipment for the machines in the cleanroom such as chemical delivery, purification, recycling and destruction systems, and the ground floor, that may contain electrical equipment. Fabs also often have some office space. The clean room
6608-402: The assumption of unspecified liabilities. The move was intended to permit Intel to focus its resources on its core x86 and server businesses, and the acquisition completed on November 9, 2006. In 2008, Intel spun off key assets of a solar startup business effort to form an independent company, SpectraWatt Inc. In 2011, SpectraWatt filed for bankruptcy. In February 2011, Intel began to build
6720-521: The average Spanish dollar in circulation. The new U.S. silver dollar of 371.25 grains (24.057 g) therefore compared favorably and was received at par with the Spanish dollar for foreign payments, and after 1803 the United States Mint had to suspend making this coin out of its limited resources since it failed to stay in domestic circulation. It was only after Mexican independence in 1821 when their peso's fine silver content of 377.1 grains
6832-500: The backside, created by Abraham Lincoln to finance the North for the Civil War . It is still used to refer to the U.S. dollar (but not to the dollars of other countries). The term greenback is also used by the financial press in other countries, such as Australia , New Zealand , South Africa , and India . Other well-known names of the dollar as a whole in denominations include greenmail , green , and dead presidents ,
SECTION 60
#17327827228426944-440: The buying and selling of goods. This allowed the value of things to remain fairly constant over time, except for the influx and outflux of gold and silver in the nation's economy. Though a Spanish dollar freshly minted after 1772 theoretically contained 417.7 grains of silver of fineness 130/144 (or 377.1 grains fine silver), reliable assays of the period in fact confirmed a fine silver content of 370.95 grains (24.037 g) for
7056-508: The cleanroom's foundation that anchor the cleanroom to the bedrock, careful selection of the construction site, and/or using vibration dampers. Controlling temperature and humidity is critical for minimizing static electricity . Corona discharge sources can also be used to reduce static electricity. Often, a fab will be constructed in the following manner (from top to bottom): the roof, which may contain air handling equipment that draws, purifies and cools outside air, an air plenum for distributing
7168-420: The companies to split the revenue from those facilities. On January 31, 2023, as part of $ 3 billion in cost reductions, Intel announced pay cuts affecting employees above midlevel, ranging from 5% upwards. It also suspended bonuses and merit pay increases, while reducing retirement plan matching. These cost reductions followed layoffs announced in the fall of 2022. In October 2023, Intel confirmed it would be
7280-456: The company as NM Electronics on July 18, 1968, but by the end of the month had changed the name to Intel , which stood for Int egrated El ectronics. Since "Intel" was already trademarked by the hotel chain Intelco, they had to buy the rights for the name. At its founding, Intel was distinguished by its ability to make logic circuits using semiconductor devices . The founders' goal was
7392-425: The company's focus to microprocessors and to change fundamental aspects of that business model. Moore's decision to sole-source Intel's 386 chip played into the company's continuing success. By the end of the 1980s, buoyed by its fortuitous position as microprocessor supplier to IBM and IBM's competitors within the rapidly growing personal computer market , Intel embarked on a 10-year period of unprecedented growth as
7504-414: The currency, a practice compared to the policies of European monarchs. The currency as we know it today did not get the faces they currently have until after the early 20th century; before that "heads" side of coinage used profile faces and striding, seated, and standing figures from Greek and Roman mythology and composite Native Americans. The last coins to be converted to profiles of historic Americans were
7616-632: The depreciation of the newly printed notes through Gresham's law . In 1869, Supreme Court ruled in Hepburn v. Griswold that Congress could not require creditors to accept United States Notes, but overturned that ruling the next year in the Legal Tender Cases . In 1875, Congress passed the Specie Payment Resumption Act , requiring the Treasury to allow U.S. Notes to be redeemed for gold after January 1, 1879. Though
7728-668: The dime (1946), the half Dollar (1948), and the Dollar (1971). After the American Revolution , the Thirteen Colonies became independent . Freed from British monetary regulations, they each issued £sd paper money to pay for military expenses. The Continental Congress also began issuing "Continental Currency" denominated in Spanish dollars. For its value relative to states' currencies, see Early American currency . Continental currency depreciated badly during
7840-490: The discontinuation of all other types of notes (Gold Certificates in 1933, Silver Certificates in 1963, and United States Notes in 1971), U.S. dollar notes have since been issued exclusively as Federal Reserve Notes . The U.S. dollar first emerged as an important international reserve currency in the 1920s, displacing the British pound sterling as it emerged from the First World War relatively unscathed and since
7952-421: The dollar came under the gold standard de jure only after 1900, the bimetallic era was ended de facto when the Coinage Act of 1873 suspended the minting of the standard silver dollar of 412.5 Troy grains = 26.73 g; 0.859 ozt, the only fully legal tender coin that individuals could convert bullion into in unlimited (or Free silver ) quantities, and right at the onset of the silver rush from
8064-400: The dollar solely to gold. From 1934, its equivalence to gold was revised to $ 35 per troy ounce . In 1971 all links to gold were repealed. The U.S. dollar became an important international reserve currency after the First World War , and displaced the pound sterling as the world's primary reserve currency by the Bretton Woods Agreement towards the end of the Second World War . The dollar
8176-567: The early 1980s, and manufacturing and development centers in China, India, and Costa Rica in the 1990s. By the early 1980s, its business was dominated by DRAM chips. However, increased competition from Japanese semiconductor manufacturers had, by 1983, dramatically reduced the profitability of this market. The growing success of the IBM personal computer, based on an Intel microprocessor, was among factors that convinced Gordon Moore (CEO since 1975) to shift
8288-506: The early 1990s and had been the cause of one lawsuit against Intel in 1991. In 2004 and 2005, AMD brought further claims against Intel related to unfair competition . In 2005, CEO Paul Otellini reorganized the company to refocus its core processor and chipset business on platforms (enterprise, digital home, digital health, and mobility). On June 6, 2005, Steve Jobs , then CEO of Apple , announced that Apple would be using Intel's x86 processors for its Macintosh computers, switching from
8400-418: The fastest consumer CPUs, as well as its Intel Arc series of GPUs. The Open Source Technology Center at Intel hosts PowerTOP and LatencyTOP , and supports other open source projects such as Wayland , Mesa , Threading Building Blocks (TBB), and Xen . Intel was founded on July 18, 1968, by semiconductor pioneers Gordon Moore (of Moore's law ) and Robert Noyce , along with investor Arthur Rock , and
8512-653: The first commercial user of high-NA EUV lithography tool, as part of its plan to regain process leadership from TSMC . In August 2024, following a below-expectations Q2 earnings announcement, Intel announced "significant actions to reduce our costs. We plan to deliver $ 10 billion in cost savings in 2025, and this includes reducing our head count by roughly 15,000 roles, or 15% of our workforce." In December 2023, Intel unveiled Gaudi3, an artificial intelligence (AI) chip for generative AI software which will launch in 2024 and compete with rival chips from Nvidia and AMD. On 4 June 2024, Intel announced AI chips for data centers,
8624-445: The first commercially available dynamic random-access memory (DRAM), the 1103 released in 1970, solved these issues. The 1103 was the bestselling semiconductor memory chip in the world by 1972, as it replaced core memory in many applications. Intel's business grew during the 1970s as it expanded and improved its manufacturing processes and produced a wider range of products , still dominated by various memory devices. Intel created
8736-409: The first commercially available microprocessor, the Intel 4004 , in 1971. The microprocessor represented a notable advance in the technology of integrated circuitry, as it miniaturized the central processing unit of a computer, which then made it possible for small machines to perform calculations that in the past only very large machines could do. Considerable technological innovation was needed before
8848-397: The latter of which referring to the deceased presidents pictured on most bills. Dollars in general have also been known as bones (e.g. "twenty bones" = $ 20). The newer designs, with portraits displayed in the main body of the obverse (rather than in cameo insets), upon paper color-coded by denomination, are sometimes referred to as bigface notes or Monopoly money . Piastre
8960-536: The microprocessor could actually become the basis of what was first known as a "mini computer" and then known as a "personal computer". Intel also created one of the first microcomputers in 1973. Intel opened its first international manufacturing facility in 1972, in Malaysia , which would host multiple Intel operations, before opening assembly facilities and semiconductor plants in Singapore and Jerusalem in
9072-401: The modern-day World Bank Group , establishing the infrastructure for conducting international payments and accessing the global capital markets using the U.S. dollar. The monetary policy of the United States is conducted by the Federal Reserve System , which acts as the nation's central bank . It was founded in 1913 under the Federal Reserve Act in order to furnish an elastic currency for
9184-411: The most up-to-date equipment has since grown to the point where a new fab can cost several billion dollars. Another side effect of the cost has been the challenge to make use of older fabs. For many companies these older fabs are useful for producing designs for unique markets, such as embedded processors , flash memory , and microcontrollers . However, for companies with more limited product lines, it
9296-610: The node. The first microprocessor under that node, Cannon Lake (marketed as 8th-generation Core), was released in small quantities in 2018. The company first delayed the mass production of their 10 nm products to 2017. They later delayed mass production to 2018, and then to 2019. Despite rumors of the process being cancelled, Intel finally introduced mass-produced 10 nm 10th-generation Intel Core mobile processors (codenamed " Ice Lake ") in September 2019. Intel later acknowledged that their strategy to shrink to 10 nm
9408-491: The numbers decreased by 1.5% and 1.9% compared to the first quarter of 2011. Intel's market share decreased significantly in the enthusiast market as of 2019, and they have faced delays for their 10 nm products. According to former Intel CEO Bob Swan, the delay was caused by the company's overly aggressive strategy for moving to its next node. In the 1980s, Intel was among the world's top ten sellers of semiconductors (10th in 1987 ). Along with Microsoft Windows , it
9520-517: The numerical amount, is used for the U.S. dollar (as well as for many other currencies). The sign was perhaps the result of a late 18th-century evolution of the scribal abbreviation p for the peso , the common name for the Spanish dollars that were in wide circulation in the New World from the 16th to the 19th centuries. The p and the s eventually came to be written over each other giving rise to $ . Another popular explanation
9632-561: The other. This theory, popularized by novelist Ayn Rand in Atlas Shrugged , does not consider the fact that the symbol was already in use before the formation of the United States. The U.S. dollar was introduced at par with the Spanish-American silver dollar (or Spanish peso , Spanish milled dollar , eight-real coin , piece-of-eight ). The latter was produced from the rich silver mine output of Spanish America ,
9744-670: The primary and most profitable hardware supplier to the PC industry, part of the winning 'Wintel' combination. Moore handed over his position as CEO to Andy Grove in 1987. By launching its Intel Inside marketing campaign in 1991, Intel was able to associate brand loyalty with consumer selection, so that by the end of the 1990s, its line of Pentium processors had become a household name. After 2000, growth in demand for high-end microprocessors slowed. Competitors, most notably AMD (Intel's largest competitor in its primary x86 architecture market), garnered significant market share, initially in low-end and mid-range processors but ultimately across
9856-514: The product range, and Intel's dominant position in its core market was greatly reduced, mostly due to controversial NetBurst microarchitecture. In the early 2000s then-CEO, Craig Barrett attempted to diversify the company's business beyond semiconductors, but few of these activities were ultimately successful. Bob had also for a number of years been embroiled in litigation. U.S. law did not initially recognize intellectual property rights related to microprocessor topology (circuit layouts), until
9968-465: The public offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation. Unlike the Spanish milled dollar, the Continental Congress and the Coinage Act prescribed a decimal system of units to go with the unit dollar, as follows: the mill , or one-thousandth of a dollar; the cent , or one-hundredth of a dollar; the dime , or one-tenth of
10080-536: The release of the 7th-generation Core family (codenamed Kaby Lake ), ushering in the process–architecture–optimization model . As Intel struggled to shrink their process node from 14 nm to 10 nm , processor development slowed down and the company continued to use the Skylake microarchitecture until 2020, albeit with optimizations. While Intel originally planned to introduce 10 nm products in 2016, it later became apparent that there were manufacturing issues with
10192-487: The rise in the price of silver during the California Gold Rush and the disappearance of circulating silver coins, the Coinage Act of 1853 reduced the standard for silver coins less than $ 1 from 412.5 grains to 384 grains (24.9 g), 90% silver per 100 cents (slightly revised to 25.0 g, 90% silver in 1873). The Act also limited the free silver right of individuals to convert bullion into only one coin,
10304-514: The same is now current, and to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver. Section 20 of the Act designates the United States dollar as the unit of currency of the United States: [T]he money of account of the United States shall be expressed in dollars, or units...and that all accounts in
10416-405: The same year, Intel also produced the 3301 Schottky bipolar 1024-bit read-only memory (ROM) and the first commercial metal–oxide–semiconductor field-effect transistor (MOSFET) silicon gate SRAM chip, the 256-bit 1101. While the 1101 was a significant advance, its complex static cell structure made it too slow and costly for mainframe memories. The three- transistor cell implemented in
10528-552: The silver dollar at the rate of 1 silver dollar to 1000 continental dollars. This resulted in the clause "No state shall... make anything but gold and silver coin a tender in payment of debts" being written into the United States Constitution article 1, section 10 . From implementation of the 1792 Mint Act to the 1900 implementation of the gold standard , the dollar was on a bimetallic silver-and-gold standard, defined as either 371.25 grains (24.056 g) of fine silver or 24.75 grains of fine gold (gold-silver ratio 15). Subsequent to
10640-477: The silver dollar of 412.5 grains; smaller coins of lower standard can only be produced by the United States Mint using its own bullion. Summary and links to coins issued in the 19th century: In order to finance the War of 1812 , Congress authorized the issuance of Treasury Notes , interest-bearing short-term debt that could be used to pay public dues. While they were intended to serve as debt, they did function "to
10752-514: The site for a major new manufacturing facility. The facility will cost at least $ 20 billion. The company expects the facility to begin producing chips by 2025. The same year Intel also choose Magdeburg , Germany , as a site for two new chip mega factories for €17 billion (topping Tesla 's investment in Brandenburg ). The start of the construction was initially planned for 2023, but this has been postponed to late 2024, while production start
10864-503: The smartphone market. Finding itself with excess fab capacity after the failure of the Ultrabook to gain market traction and with PC sales declining, in 2013 Intel reached a foundry agreement to produce chips for Altera using a 14 nm process. General Manager of Intel's custom foundry division Sunit Rikhi indicated that Intel would pursue further such deals in the future. This was after poor sales of Windows 8 hardware caused
10976-449: The success of the PC in the early 1990s that this became its primary business. During the 1990s, the partnership between Microsoft Windows and Intel, known as " Wintel ", became instrumental in shaping the PC landscape and solidified Intel's position on the market. As a result, Intel invested heavily in new microprocessor designs in the mid to late 1990s, fostering the rapid growth of the computer industry . During this period, it became
11088-400: The twelve months ending December 31, 2020, at 2,882 Kt (+94/+3.4% y-o-y). Intel plans to reduce carbon emissions 10% by 2030 from a 2020 base year. Intel has self-reported that they have Wafer fabrication plants in the United States, Ireland , and Israel. They have also self-reported that they have assembly and testing sites mostly in China, Costa Rica, Malaysia, and Vietnam, and one site in
11200-414: The value of an eagle at 10 dollars, and the dollar at 1 ⁄ 10 eagle. It called for silver coins in denominations of 1, 1 ⁄ 2 , 1 ⁄ 4 , 1 ⁄ 10 , and 1 ⁄ 20 dollar, as well as gold coins in denominations of 1, 1 ⁄ 2 and 1 ⁄ 4 eagle. The value of gold or silver contained in the dollar was then converted into relative value in the economy for
11312-423: The war, giving rise to the famous phrase "not worth a continental". A primary problem was that monetary policy was not coordinated between Congress and the states, which continued to issue bills of credit. Additionally, neither Congress nor the governments of the several states had the will or the means to retire the bills from circulation through taxation or the sale of bonds. The currency was ultimately replaced by
11424-488: The world's foremost reserve currency for international trade to this day. The Bretton Woods Agreement of 1944 also defined the post-World War II monetary order and relations among modern-day independent states , by setting up a system of rules, institutions, and procedures to regulate the international monetary system . The agreement founded the International Monetary Fund and other institutions of
11536-408: Was Andy Grove , a chemical engineer , who later ran the company through much of the 1980s and the high-growth 1990s. In deciding on a name, Moore and Noyce quickly rejected "Moore Noyce", near homophone for "more noise" – an ill-suited name for an electronics company, since noise in electronics is usually undesirable and typically associated with bad interference . Instead, they founded
11648-559: Was a thing of the past and that they would now support all "tier-one operating systems" such as Linux, Android, iOS, and Chrome. In 2014, Intel cut thousands of employees in response to "evolving market trends", and offered to subsidize manufacturers for the extra costs involved in using Intel chips in their tablets. In April 2016, Intel cancelled the SoFIA platform and the Broxton Atom SoC for smartphones, effectively leaving
11760-412: Was firmly upheld, which the U.S. later had to compete with using a heavier 378.0 grains (24.49 g) Trade dollar coin . The early currency of the United States did not exhibit faces of presidents, as is the custom now; although today, by law, only the portrait of a deceased individual may appear on United States currency. In fact, the newly formed government was against having portraits of leaders on
11872-465: Was later shortened to the German taler , a word that eventually found its way into many languages, including: tolar ( Czech , Slovak and Slovenian ); daler ( Danish and Swedish ); talar ( Polish ); dalar and daler ( Norwegian ); daler or daalder ( Dutch ); talari ( Ethiopian ); tallér ( Hungarian ); tallero ( Italian ); دولار ( Arabic ); and dollar ( English ). Though
11984-514: Was launched in October 2013 and Intel is part of the coalition of public and private organizations that also includes Facebook , Google , and Microsoft . Led by Sir Tim Berners-Lee , the A4AI seeks to make Internet access more affordable so that access is broadened in the developing world, where only 31% of people are online. Google will help to decrease Internet access prices so that they fall below
12096-748: Was minted in Mexico City , Potosí (Bolivia), Lima (Peru), and elsewhere, and was in wide circulation throughout the Americas, Asia, and Europe from the 16th to the 19th centuries. The minting of machine-milled Spanish dollars since 1732 boosted its worldwide reputation as a trade coin and positioned it to be the model for the new currency of the United States . Even after the United States Mint commenced issuing coins in 1792, locally minted dollars and cents were less abundant in circulation than Spanish American pesos and reales ; hence Spanish, Mexican, and American dollars all remained legal tender in
12208-955: Was part of the " Wintel " personal computer domination in the 1990s and early 2000s. In 1992, Intel became the biggest semiconductor chip maker by revenue and held the position until 2018 when Samsung Electronics surpassed it, but Intel returned to its former position the year after. Other major semiconductor companies include TSMC , GlobalFoundries , Texas Instruments , ASML , STMicroelectronics , United Microelectronics Corporation (UMC), Micron , SK Hynix , Kioxia , and SMIC . Intel's competitors in PC chipsets included AMD , VIA Technologies , Silicon Integrated Systems , and Nvidia . Intel's competitors in networking include NXP Semiconductors , Infineon , Broadcom Limited , Marvell Technology Group and Applied Micro Circuits Corporation , and competitors in flash memory included Spansion , Samsung Electronics, Qimonda , Kioxia, STMicroelectronics, Micron , and SK Hynix . The only major competitor in
12320-401: Was reported that all Intel processors made since 1995 (besides Intel Itanium and pre-2013 Intel Atom ) had been subject to two security flaws dubbed Meltdown and Spectre. Due to Intel's issues with its 10 nm process node and the company's slow processor development, the company now found itself in a market with intense competition. The company's main competitor, AMD, introduced
12432-662: Was the original French word for the U.S. dollar, used for example in the French text of the Louisiana Purchase . Though the U.S. dollar is called dollar in Modern French, the term piastre is still used among the speakers of Cajun French and New England French , as well as speakers in Haiti and other French-speaking Caribbean islands. Nicknames specific to denomination: The symbol $ , usually written before
12544-428: Was too aggressive. While other foundries used up to four steps in 10 nm or 7 nm processes, the company's 10 nm process required up to five or six multi-pattern steps. In addition, Intel's 10 nm process is denser than its counterpart processes from other foundries. Since Intel's microarchitecture and process node development were coupled, processor development stagnated. In early January 2018, it
#841158