What is the Moore's Law?

Theory formulated by the co-founder of Intel, Gordon Moore, who on the basis of his observations, predicted in 1965 that the number of transistors in a microprocessor would double every year and that this trend would continue for the next two decades. In 1975, Moore himself tweaked his postulation by extending the time period to two years. Moore’s Law is one of the pillars of electronics, given that, by extension, it implies that computing increases in power and decreases in relative cost at an exponential pace.

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