Intel Corporation and the Gordon and Betty Moore Foundation (Gordon and Betty Moore Foundation) announced on March 24 that Intel co-founder Gordon Moore died at the age of 94.

Image source: Intel official website

Moore died peacefully at his home in Hawaii on Friday local time, according to the Gordon and Betty Moore Foundation. The foundation, co-founded by Gordon Moore and his wife Betty Moore in 2000, aims to support scientific discovery, environmental protection and improved patient care, among others.

In 1968, Gordon Moore co-founded Intel with Robert Noyce and served as the company’s vice president. In 1975, he became president and chief executive officer.

Gordon Moore once proposed the famous “Moore’s Law”: when the price remains constant, the number of transistors that can be accommodated on an integrated circuit will double every 18-24 months, and the performance will also double. In other words, the computer performance that each dollar can buy will more than double every 18-24 months.