Moore's law is the observation that the number of transistors that can be placed economically on an integrated circuit tends to double approximately every two years. It describes a historical trend in computing, not a scientific law that guarantees future growth.
In 1965, Intel co-founder Gordon Moore observed that the number of components on integrated circuits was increasing rapidly. He initially described an annual doubling and later revised the expected period to about two years. The simplified version normally used in IB Digital Society focuses on transistor density.
A transistor is a tiny electronic switch. Increasing the number of transistors on a chip can allow computers to process more instructions, store more data, or perform complex tasks more efficiently. Because repeated doubling produces exponential growth, the approximate relationship can be represented as: