Moore's Law is an observation made by Gordon Moore, co-founder of Intel, in 1965. He noted that the number of transistors on a microchip doubles approximately every two years, leading to increased performance and reduced costs for electronic devices. This trend has driven rapid advancements in technology, making computers faster and more efficient. As a result of Moore's Law, the computing power of devices has significantly improved over the decades, enabling innovations in various fields such as artificial intelligence, mobile technology, and data processing. However, some experts believe that this trend may slow down as physical limitations of semiconductor technology are reached.