Intel's official obituary stated that co-founder Gordon Moore passed away peacefully at his home in Hawaii on Friday, March 24, at the age of 94.

Gordon Moore co-founded Intel with Robert Noyce in 1968 and served as the company's vice president. In 1975, he became president and CEO. Eventually, "Intel Inside" processors were used in more than 80% of the world's personal computers.

Gordon Moore once proposed the famous "Moore's Law": when the price remains unchanged, the number of transistors that can be accommodated on an integrated circuit will double approximately every 18-24 months, and the performance will also double. In other words, the computer performance that can be purchased for every dollar will more than double every 18-24 months.