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Moore's Law

The theory, first postulated by Intel co-founder Gordon Moore in 1965, states that the number of transistors per square inch on an integrated circuit doubles every year, has done so since being invented (1950s) and will continue to do so for the foreseeable future. A more condensed version of the law states that computing power doubles and prices halve every 18 months. Industry experts, who follow trends in the semiconductor community, expect Moore's Law to continue to hold true for at least the next 20 years.