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July 28, 2015

Ex-Intel Chief Gives Unrestricted $100 Million to Caltech

Intel co-founder Gordon Moore and his wife, Betty, have donated $100 million to establish a permanent endowment at the California Institute of Technology, the university announced Monday. The couple placed no restrictions on Caltech's use of the money, which university leaders said would be dedicated to fellowships for graduate students.

Mr. Moore earned his doctorate at Caltech in 1954 and 14 years later helped launch Intel, later serving stints as the computer-chip maker's chief executive officer and chairman. Both he and Ms. Moore are life members of the Pasadena institute's board of trustees, and the couple pledged $600 million to the institution in 2001.