Intel is famous for Moore's Law -- the idea that the concentration of transistors on a chip doubles every 18 to 24 months as costs fall by half. So Intel does not take too kindly to being reminded that Moore's Law has been repealed.
And to its credit, Intel is not going gentle into that good night. Specifically, Intel is acquiring companies, investing in startups, and developing a new product line.
Will it all be enough to boost its tepid growth rate? Not bloody likely.
(I have no financial interest in the securities mentioned in this post).
Before getting into that let's look at why Moore's Law is over -- at least for the last three years -- and how Intel reacted recently to that declaration.
The goal of implementing Moore's Law has defied the best efforts of the semiconductor industry since 2014. According to the New York Times, that was when "with manufacturing costs exploding and severe technical challenges growing, the cost of individual transistors stopped falling. That has ended — at least temporarily — the ability of computer makers to easily make new chips that are faster and cheaper."
