Gordon E. Moore, co-founder of Fairchild and Intel, began his work in silicon microelectronics at Shockley Semiconductor Laboratory in 1956. His 1965 prediction at Fairchild Semiconductor, subsequently known as “Moore's Law,” that the number of components on an integrated circuit will increase exponentially with time while cost per function decreases, guided the industry's contributions to advances in electronics and computing for more than fifty years.