'Making money is necessary but not sufficient to explain the motivation.
“I do not expect to join any company which is simply a manufacturer of semiconductors. I would rather try to find some small company which is trying to develop some product or technology which no one has yet done. To stay independent (and small) I might form a new company, after a vacation.”
Noyce and Moore incorporated their new venture on July 18th and made a commitment to continued innovation a fundamental component of their company’s culture.'
I don't see anything in your quote or link that suggests that Intel was anything but a money making venture. To "develop some product or technology which no one has yet done" makes that pretty clear to me. And they didn't stay small either, now ranked 46 on the Fortune 500.
By the way, Gordon Moore was worth an estimated 7 billion when he died earlier this year.
“I do not expect to join any company which is simply a manufacturer of semiconductors. I would rather try to find some small company which is trying to develop some product or technology which no one has yet done. To stay independent (and small) I might form a new company, after a vacation.”
Noyce and Moore incorporated their new venture on July 18th and made a commitment to continued innovation a fundamental component of their company’s culture.'
https://www.intel.com/content/www/us/en/history/virtual-vaul...