A 1965 internal paper written by Gordon Moore, Director of R&D for Fairchild semiconductor entitled, "The Future of Integrated Electronics" predicted "the development of integrated electronics for perhaps the next ten years." Based upon an extrapolation that relied upon data from 1959 to 1964, Moore projected that the number of components per integrated chip would double every 12 months. A decade later, integrated circuit technology had advanced by leaps and bounds to the point that these predictions were validated at an IEEE conference. At the 1975 conference, Moore, who had become co-founder and President of Intel, revisited the data and slowed the progression to doubling every 18 months, resulting in his findings being dubbed "Moore's Law." Upon reviewing his projections again in 1995, Moore commented "The current prediction is that this is not going to stop soon." Moore was right in each case. The initial projection Moore ...
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