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In 1965, Fairchild Semiconductor's R&D Director, Gordon Moore, noted that the maximum number of transistors that could be included cost effectively in one integrated circuit had been doubling yearly since 1959. While growth has not increased quite as quickly since 1965, it has still been exponential, and the continued exponential growth has become known as "Moore's Law". Considering that Intel's 8086 processor, introduced in 1978, had 29,000 transistors, and their Itanium processor, introduced in 2002, had 220,000,000 transistors, on average how long has it taken for processors to double the number of transistors they use.
Net Present Value
The difference between the present value of cash inflows and the present value of cash outflows over a period of time, used in capital budgeting to analyze the profitability of an investment.
Rate of Return
A measure of the gain or loss generated on an investment relative to the amount of money invested.
Cost Savings
Reductions in expenses achieved through methods such as process improvements, layoffs, or procurement strategies, enhancing a company's profitability.
Present Value
Present Value is the current worth of a future sum of money or stream of cash flows given a specified rate of return.
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