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Moore's Law is dead at the age of 50. Everyone says so. 

And yet, if we look at improvements in mobile performance over the past few years, if anything, we see Moore's Law in overdrive. What gives?

Moore's Law Is Too Expensive

Moore's argument, which has stayed strong for 50 years, is essentially that by shrinking transistors on a chip every 18 months or so, engineers could roughly double performance in that time period. More recently, however, the economics of shrinking transistors has become cost-prohibitive.