IHS Says Ramifications of Moore?s Law Lead to Trillions of Dollars Added to the Global Economy

EL SEGUNDO, Calif., Jun. 17, 2015 – 

From connectivity to globalization and sustainability, the "Law" created by Gordon Moore?s prediction for the pace of semiconductor technology advances has set the stage for global technology innovation and contribution for 50 years. The exponential advances predicted by Moore?s Law have transformed the world we live in. The ongoing innovation, invention and investment in technology and the effects that arise from it are likely to enable continued advances along this same path in the future, according to a new report from IHS Inc. (NYSE: IHS), the leading global source of critical information and insight. Titled "Celebrating the 50th Anniversary of Moore?s Law," the report describes how the activity predicted by Moore?s Law not only drives technological change, but has also created huge economic value and driven social advancement.

In April of 1965, Fairchild Semiconductor?s Research and Development Director, Gordon Moore, who later founded Intel, penned an article that led with the observation that transistors would decrease in cost and increase in performance at an exponential rate. More specifically, Moore posited that the quantity of transistors that can be incorporated into a single chip would approximately double every 18 to 24 months. This seminal observation was later dubbed "Moore?s Law."

"Fifty years ago today, Moore defined the trajectory of the semiconductor industry, with profound consequences that continue to touch every aspect of our day-to-day lives," said Dale Ford, vice president and chief analyst for IHS Technology. "In fact, Moore?s Law forecast a period of explosive growth in innovation that has transformed life as we know it."

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