The year was 1957.  Eight engineers left Shockley Labs to form a semiconductor company called Fairchild Semiconductor Corp. Among its many notable technological achievements is its development of the planar process of semiconductor fabrication in 1959, which ushered in an era wherein thousands, and then later billions of transistors to be compressed on a single microchip.

  

Produced by the Computer History Museum and entitled "The Legacy of Fairchild Semiconductor", this 2007 video celebrates the 50th anniversary of Fairchild Semiconductor's founding. Among the panelists is Gordon Moore, one of the company's 8 founders and also the co-founder of Intel with Robert Noyce.  Gordon Moore is best known for 'Moore's Law', which predicted the doubling of chip density every 2 years.