AMD sees the era of Moore's law coming to a close | ZDNet
"You can see how Moore's law is slowing down," said Gustafson. "The original statement of Moore's law is the number of transistors that is more economical to produce will double every two years. It has become warped into all these other forms, but that is what he originally said."
And Gustafson should know what Moore said, because the phrase "Moore's law" was first coined by professor Carver Mead at Caltech, and Gustafson was a student of Mead's.
"We [AMD] want to also look for the sweet spot," said Gustafson, "because if you print too few transistors your chip will cost too much per transistor and if you put too many it will cost too much per transistor. We've been waiting for that transition from 28nm to 20nm to happen, and it's taking longer than Moore's law would have predicted.
"I'm saying you are seeing the beginning of the end of Moore's law."