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Why is Moore's law important?

Updated: 9/20/2023
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Moore's Law is named after Intel co-founder Gordon E. Moore, who described the long term trend (that the number of transistors that can be placed inexpensively on an integrated circuit doubles approximately every two years) in his 1965 paper. The paper noted that the number of components in integrated circuits had doubled every year from the invention of the integrated circuit in 1958 until 1965 and predicted that the trend would continue 'for at least ten years'.

His prediction has proved to be accurate, in part because the law is now used in the semiconductor industry to guide long-term planning and to set targets for research and development.

  • The capabilities of many digital electronic devices are strongly linked to Moore's law: processing speed, memory capacity, sensors, and even the number and size of pixels in digital cameras. All of these are improving at roughly exponential rates as well. This exponential improvement has dramatically enhanced the impact of digital electronics in nearly every segment of the world economy.
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