In 1968, Bob Noyce and Gordon Moore quit their jobs at the Fairchild Semiconductor Company, USA. Both men came up with the idea to create their own company of semiconductor chips. After pitching their ideas to create their own company, a man named Art Rock decided to invest his money into Noyce and Moore’s venture. Soon after, the two founders decided on the name “Intel”, which was short for “integrated electronics”. “Intel’s first money making product was the 3101 Schottky bipolar 64-bit static random access memory (SRAM) chip”. In November 1971, Intel publicly introduced the world’s first single-microprocessor chip, the Intel 4004. The 4004 chip was invented by Federico Faggin, Ted Hoff, and Stan Mazor. Mary Bellis states, “Hoff and the Intel team developed such an architecture with just over 2,300 transistors in an area of only 3 by 4 millimeters. With its 4-bit CPU, command register, decoder, decoding control, control monitoring of machine commands and interim register, the 4004 was one heck of a little invention”.