SAN FRANCISCO (AP) -- Intel co-founder Gordon E. Moore predicted Monday that the semiconductor industry will maintain its torrid pace of development for at least another decade, regardless of normal fluctuations in the economy.
Intel's chairman emeritus is best known as the father of "Moore's Law," his 1965 theory that the number of transistors on a computer chip would double every year or two.
Originally seen as little more than an optimistic speculation in an obscure trade publication, Moore's prediction became the guiding principle of the semiconductor industry in the 1970s, and it explained the sector's gangbuster growth in the 1980s and 1990s.
Moore, who co-founded Santa Clara-based Intel Corp. in 1968 and served as chief executive from 1979 to 1987, said he saw "no apparent roadblocks" for Moore's Law for at least another decade.
"It gets complicated and expensive, but the technological solutions seem to be there," Moore said after his keynote address at the Institute of Electrical and Electronics Engineers Solid-State Circuits Conference.