Fifty Years Later, Moore's Computing Law Holds

Gordon Moore, co-founder of Intel Corp., published his now iconic article -- Cramming More Components into Integrated Circuits -- in the journal Electronics on April 19, 1965. In this paper, Moore observed that the number of transistors fitting on a computer circuit board had roughly doubled each year. A decade later the time-scale was revised to 18-24 months and dubbed "Moore's Law." Following this principle, a computer purchased today would cost about half the price in two years. Processing is now down to one-sixtieth the cost it was a decade ago.