Andy Grove, visionary leader who saved Intel, dies at 79

Grove's gamble on microprocessors set the chip maker on course to becoming one of the most profitable and important technology companies of all time

Andy Grove, the former Intel 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.