The evolution of the computer
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Moore's law is a rule of thumb in the history of computing hardware whereby the number of transistors that can be placed inexpensively on an integrated circuit doubles approximately every two years. The period often quoted as "18 months" is due to Intel executive David House, who predicted that period for a doubling in chip performance (being a combination of the effect of more transistors and their being faster).
The Evolution of the Computer. First Generation (1939-1954) - vacuum tube; Second Generation Computers (1954-1959) - transistor.