Moore's law is the observation that, over the history of computing hardware, the number of transistors on integrated circuits(ICs) doubles approximately every two years. (More like more(s) law ryt!?..OK.. excuse the pun.)
The law is named after Gordon E. Moore, co-founder of Intel Corporation, who described the trend in his 1965 paper.; the simplified version of this law states that processor speeds, or overall processing power for computers will double every two years.
A quick check among technicians in different computer companies shows that the term is not very popular but the rule is still accepted.!!!
To break down the law even further, it specifically stated that the number of transistors on an affordable CPU would double every two years (which is essentially the same thing that was stated before) but ‘more transistors’ is more accurate.
If you were to look at processor speeds from the 1970’s to 2009 and then again in 2010, you can probably guess that the law has reached its limit.