Re-evaluating Moore’s Law in the Current Technological Landscape

The principle known as Moore’s Law, a cornerstone in the technological and semiconductor industry, has been a topic of considerable debate in recent years. Initially posited by Intel co-founder Gordon Moore in 1965, it suggested that the number of transistors on a microchip would double approximately every two years, leading to a commensurate increase in computing power. However, recent analyses and statements from industry leaders suggest that this trend may no longer be sustainable.

The End of an Era

Milind Shah, Google’s head of IC packaging, recently echoed sentiments that have been increasingly prevalent among tech industry executives: Moore’s Law, as it has been traditionally understood, ceased to be applicable around 2014. This assertion supports Nvidia CEO Jensen Huang’s longstanding position that the era of exponential growth in transistor density at decreasing costs has come to an end. Contrary to the optimistic views held by AMD and Intel executives, evidence suggests that the industry has encountered significant barriers to maintaining the pace of advancement predicted by Moore’s Law.

The Stagnation of Transistor Cost Reduction

In a presentation at the 2023 IEDM conference, Shah presented data indicating that the cost of transistors has plateaued since the 28nm manufacturing node, marking a departure from the historical trend of falling transistor costs. This stagnation challenges the economic underpinnings of Moore’s Law and reflects the increasing complexities and financial burdens associated with semiconductor miniaturization.

Implications for the Semiconductor Industry

Despite continued efforts by chipmakers to reduce the size of semiconductors and increase chip density, the associated costs and power consumption have risen. This shift underscores a fundamental change in the trajectory of chip development, moving away from cheaper, more efficient processors toward more expensive, energy-intensive solutions. The situation is exemplified by TSMC’s reported wafer price increases, with costs doubling from the 28nm node to the 10nm node introduced in 2016, and estimates suggesting that 3nm wafers could cost as much as $20,000.

Diverging Perspectives and Future Directions

While Nvidia’s Huang has been vocal about the cessation of Moore’s Law, attributing rising hardware costs and energy requirements to this phenomenon, executives at AMD and Intel maintain that innovation, such as 3D packaging, can still yield significant performance and efficiency improvements. However, the economic realities reflected in wafer pricing trends and the increasing cost of transistor development challenge the industry to find new paths for growth beyond traditional scaling.


The discussion surrounding the validity of Moore’s Law in today’s technological landscape highlights a pivotal moment in the semiconductor industry. As companies grapple with the limitations of traditional chip scaling, the focus may shift toward alternative strategies for enhancing computational power and efficiency. The industry’s ability to adapt to these changing dynamics will likely define the next era of technological advancement. While Moore’s Law as initially conceived may no longer apply, the spirit of innovation and progress it inspired continues to drive the industry forward.

author avatar
Derick Payne
My name is Derick Payne. With a deep-seated passion for programming and an unwavering commitment to innovation, I've spent the past 23 years pushing the envelope of what's possible. As the founder of Rizonetech and Rizonesoft, I've had the unique opportunity to channel my love for technology into creating solutions that make a difference.

Leave a Reply

Scroll to Top