At the age of 94, Gordon Moore, a co-founder of Intel INTC +1.14%, passed away on Friday. Moore developed a theory that became known as “Moore’s Law” that anticipated the rate of technological advancement.
Moore passed away at his home in Hawaii, according to a statement from the Gordon and Betty Moore Foundation, the chipmaker and the Moore family’s nonprofit organization.
In July 1968, Moore and his coworker Robert Noyce established Intel (ticker: INTC). He assumed the office of president in 1975, and he led Intel as chairman and CEO until 1987. He served as chairman through 1997.
Here we given a tweet related to him:
Intel co-founder Gordon Moore dies at 94https://t.co/y2jY5DzOma
— FOX Business (@FoxBusiness) March 26, 2023
According to Moore’s hypothesis, “the number of transistors included in a chip will generally double every 24 months,” resulting in improved performance and lower costs over time. In an article he authored in 1965, he made a prediction.
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“Gordon Moore’s knowledge and vision helped to define the technology sector. He played a key role in demonstrating the power of transistors and motivated entrepreneurs and technologists for decades, according to Pat Gelsinger, the current CEO of Intel.”
Moore’s Law continues to motivate Intel, and the company plans to continue following it until all elements in the periodic table have been used.
As Moore’s Law ends, artificial intelligence will continue to drive technological innovation, according to Jensen Huang, chief executive of Nvidia NVDA -1.52% (NVDA). Huang stated during a videoconference call that Moore’s Law’s “basic dynamic has stopped” and that “accelerated computing and AI have arrived.”
