So, it’s not as if kids of that era were oblivious to the new industry developing around them in a region nobody at all referred to back then as Silicon Valley. Even I was aware that the blocky, flat-roofed buildings springing up around Santa Clara and San Jose had something to do with electronics. The big fruit orchards with their friendly roadside fruit stands enticing passing motorists with apricots and cherries were being obliterated by these new businesses.
And yet, Intel forerunner Fairchild Semiconductor, another Moore co-founded company, was already more important in terms of industry advances, and would be far more impactful in the overall history of computing, than venerable HP. Semiconductors would lead the way to microprocessors and cheap, ubiquitous microchips of then-barely fathomable power.
Moore’s astute insight that computing power would grow exponentially, doubling about every two years, as costs simultaneously dropped, would become Moore’s Law, the shaping framework for innovation and a driving economic force of the past half century. Some have posited the law might have been more self-fulfilling than self-evident, because it threw the on-switch for an entirely new industry, backed by a nascent valley venture capital infrastructure.
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