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The US Navy contract with ERA for a stored memory computer resulting in the first magnetic drum memory computer ATLAS.
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Grace Hopper develops the first computer language, eventually known as COBOL.
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The first FORTRAN, a scientific computing language, compiler is delivered.
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Jack Kilby and Robert Noyce invents the integrated circuit, aslo known as the microchip.
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SRI International designs ERMA, [Electronic Recording Machine, Accounting], for Bank of America digitizing checking.