Velcroman1 writes: Intel has packed just shy of a billion transistors into the 216 square millimeters of silicon that compose its latest chip, each one far, far thinner than a sliver of human hair. But this mind-blowing feat of engineering doesn't really surprise us, right? After all, that's just Moore's Law in action isn't it? In 1965, an article in "Electronics" magazine by Gordon Moore, the future founder of chip juggernaut Intel, predicted that computer processing power would double roughly every 18 months. Or maybe he said 12 months. Or was it 24 months? Actually, nowhere in the article did Moore actually spell out that famous declaration, nor does the word "law" even appear in the article at all. Yet the idea has proved remarkably resilient over time, entering the public zeitgeist and lodging hold like a stubborn computer virus you just can't eradicate. But does it hold true? Strangely, that seems to depend more than anything on who you ask. "Yes, it still matters, and yes we're still tracking it," said Mark Bohr, Intel senior fellow and director of process architecture and integration. "Semiconductor chips haven't actually tracked the progress predicted by Moore's law for many years," said Tom Halfhill, the well respected chip analyst with industry bible the Microprocessor Report.