“Intel founder Gordon Moore declared half a century ago that computer power would roughly double every two years as the silicon chips powering them developed,” Cara McGoogan reports for The Telegraph.

“The maxim, which became known as Moore’s law, directed technology companies for five decades before reaching a crunch point last year. Physicists and technology giants alike said transistors had reached a point where it was no longer economically viable to make them smaller, bringing about the end of the law,” McGoogan reports. “But Intel’s chief executive Brian Krzanich has put an end to such fears with news the company will release a 10 nanometre chip in 2017. The tiny chip will be cheaper than its predecessor, Intel said, keeping Moore’s law alive.”

McGoogan reports, “‘I’ve heard the death of Moore’s law more times than anything else in my 34-year career and I’m here today to really show you and tell you that Moore’s law is alive and well and flourishing,’ Krzanich said.”

Read more in the full article here.

MacDailyNews Take: Moore’s law is the observation that the number of transistors in a dense integrated circuit doubles approximately every two years.