Intel's Andrew Grove: We were afraid of being sunk

Intel's former chief Andrew Grove has died aged 79.

Mr Grove was one of the company's original employees and was responsible for its switch away from making memory chips to manufacturing computer processors.

Beyond his achievements at Intel, he was recognised as being one of Silicon Valley's most influential management experts, advising Apple's Steve Jobs among others, and penning several books including Only the Paranoid Survive. It was named after one of his guiding principles.

In 1982, he told the BBC's Money Programme that the strength of the US's chip-making industry came from the fact that its members had "always been as competitive as a bunch of cut-throat street vendors".

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