The panelists discuss the prominent semiconductor companies in Santa Clara Valley from 1962-68. Amelco was one of the early spin-outs from Fairchild.  Others included: AMI, General Microelectronics, Melectro (a Fairchild spin-off bought by National Semiconductor), and Signetics (another Fairchild spin-off) which was owned by Corning Glass.  Ted Hoff said Rex Rice of Fairchild told him semiconductor memory was not ready yet, but progressing (“getting there”) so that it might later be possible to build a computer for home use.

[Thanks to Alan Weissberger for the above description.]