In 1965, Gordon Moore, the Co-founder of Intel, made a significant prediction about the future of computer processing known as Moore's Law. This prediction states that computer processing power will double approximately every 18 months to two years. The key aspect of Moore's Law is the exponential growth in the number of transistors that can be placed on a microchip, which in turn leads to a proportional increase in computing power. This law has been observed to hold true for several decades, significantly influencing the pace of technological advancement in the semiconductor industry.