Silicon Valley pioneer Gordon Moore cofounded semiconductor firm Intel in 1968; he was CEO from 1975 to 1987 and chairman from 1979 to 1997. Prior to Intel, Moore was part of the "traitorous eight" that left Nobel Prize winner Bill Shockley's firm to found Fairchild Semiconductor in 1957. Moore is famous for his prediction that computer processing power would double every year, an insight known as "Moore's Law." He and his wife launched the Gordon and Betty Moore Foundation in 2000. It has over $6 billion in assets and gives away $300 million in grants a year. The foundation supports environmental conservation, patient care, scientific research and projects in the San Francisco Bay Area.