Why is Intel Corporation (NASDAQ:INTC) still carrying the torch in the chase to keep up with Moore’s Law? Steve Brown, a futurist at the semiconductor giant, says that it does because it can and because of cost.
The comments made by the Intel Corporation (NASDAQ:INTC) futurist in an interview on Bloomberg’s Market Makers comes as Moore’s Law, which states that the number of transistors per square inch of integrated circuits will double approximately every two years, celebrates its 50th anniversary.
Brown tells Bloomberg’s Stephanie Ruhle and Erik Schatzker that he does not believe that Moore’s Law is running out of steam. He says he has been in the business for 30 years and that he has been hearing that prediction for about 20 of those years.
Brown adds that they at Intel Corporation (NASDAQ:INTC) can see the same visibility with Moore’s Law now as they have been seeing for all that time he has been in the business which is they can see about 10 years down the road and for the next 10 years.
The executive also took a swipe at rivals, saying, “If you’re in the business of doing this – and it is a very competitive business – and it is becoming a little bit difficult for you then maybe you give up.”
On a more serious note, however, Brown says that his company is “committed” to improving their technology because the reason people inside the company work is to push against the laws of physics in order to make the world a better place.
The Intel Corporation (NASDAQ:INTC) executive did say, however, that this is not an easy challenge to take on. It has massive benefits for the company, nonetheless.
“Each time, you’re making these transistors half the size. When have half the size, you [consume] half the power and half the cost and things get better. […] It gets harder for us to do it but we do it for financial reasons as much as anything because when you follow Moore’s Law, the economics mean that you can make transistors at half the cost,” Brown tells Ruhle and Schatzker.
Brown adds that the company makes 10 billion transistors every second. Following Moore’s Law, they would make 20 billion transistors in a second in a couple of years. As a company, that gives them the option of either increasing capacity, making chips smaller with the same computing power or cutting cost or a combination of those.
Jean-Marie Eveillard’s First Eagle Investment Management owned about 36.44 million Intel Corporation (NASDAQ:INTC) shares by the end of 2014.
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