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Technology Stocks : Investing in Exponential Growth
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From: Paul H. Christiansen8/9/2016 9:05:00 AM
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Can the Atomera IPO Postpone the End of Moore’s Law?



If you haven’t heard of Moore’s Law, it refers to a statement made in 1965 by Gordon Moore, the co-founder of Intel, who said that the number of transistors in a dense integrated circuit will continue to double every year, and they have ever since the integrated circuit was invented. Another way to say this is that computers become exponentially more powerful as time goes on. One reason for this exponential growth is that the powerful computer chips we design can then be used as a platform to design even more powerful chips. Because of Moore’s law, that smartphone you carry around every day is millions of times more powerful than all of NASA’s combined computing in 1969 that was used to put humans on the moon.

While we’ve managed to develop chip technology at a rate that pretty much follows Moore’s law to the letter, just recently we’ve realized that we’re not going to keep developing at this pace. Just one year ago, the CEO of Intel acknowledged that doubling the number of transistors “every 2 years” is more like “every 2.5 years now”. It’s easy to see why the pace of innovation is slowing. Intel is able to increase the density of transistors by shrinking their process technology to make them smaller. At present, they are working on a 10 nanometer design which is expected in 2017 as seen below:

http://www.nanalyze.com/2016/08/atomera-ipo-postpones-end-moores-law/

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