Coined in 1965 by Gordon Moore, future chairman and chief executive of Intel, it stated at the time that the of number transistors packed into an integrated circuit had doubled every year since the technology's inception four years earlier. In 1975 he revised this to every two years, and most people quote 18 months. The trend cannot continue indefinitely with current lithographic techniques, and a limit is seen in ten to fifteen years. However, the baton could be passed to nanoelectronics, to continue the trend (though the smoothness of the curve will very likely be disrupted if a completely new technology is introduced). From cmp-cientifica.com