Ex-Intel CEO Andy Grove dies at age 79

SANTA CLARA, California — Andy Grove, the former Intel Corp. chief executive whose youth under Nazi occupation and escape from the Iron Curtain inspired an "only the paranoid survive" management philosophy that saved the chip maker from financial ruin in the 1980s, has died. He was 79.

Intel said Grove died on Monday. It did not specify a cause of death.

Grove, who was instrumental in building Intel into the world's largest chip company during his 37-year career there, had suffered from Parkinson's disease. He also suffered from prostate cancer in the mid-1990s. Read more...