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Moore’s Law
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Moore’s Law

  Typically stated by the layman as "Computing power per dollar doubles each 2 years."
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Concept Mastery:  Gordon E. Moore (co-founder of Intel) observed that the number of transistors on an integrated circuit for a given cost doubles every 24 months. Subsequently, this was coined as "Moore’s Law"; though often 18 months is substituted for 24 months.

The observation, first made in the 60’s had held largely true; though Moore says such exponential growth cannot continue forever.
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Associated words [difficulty]:   Moore’s Law , transistor [3] , semiconductor [8] , integrated circuit [9]
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Most commonly used in these subjects:   Engineering, Business, Personal Finance
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