![]() ![]() Industry experts have not reached a consensus on exactly when Moore's law will cease to apply. These ongoing changes in digital electronics have been a driving force of technological and social change, productivity, and economic growth. Advancements in digital electronics, such as the reduction in quality-adjusted microprocessor prices, the increase in memory capacity ( RAM and flash), the improvement of sensors, and even the number and size of pixels in digital cameras, are strongly linked to Moore's law. ![]() Moore's prediction has been used in the semiconductor industry to guide long-term planning and to set targets for research and development, thus functioning to some extent as a self-fulfilling prophecy. While Moore did not use empirical evidence in forecasting that the historical trend would continue, his prediction held since 1975 and has since become known as a "law". ![]() In 1975, looking forward to the next decade, he revised the forecast to doubling every two years, a compound annual growth rate (CAGR) of 41%. The observation is named after Gordon Moore, the co-founder of Fairchild Semiconductor and Intel (and former CEO of the latter), who in 1965 posited a doubling every year in the number of components per integrated circuit, and projected this rate of growth would continue for at least another decade. ![]() Rather than a law of physics, it is an empirical relationship linked to gains from experience in production. Moore's law is an observation and projection of a historical trend. Moore's law is the observation that the number of transistors in an integrated circuit (IC) doubles about every two years. ![]()
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