An engineer by training, he cofounded Intel in July 1968, eventually serving as president, chief executive and chairman of the board.
Intel, based in Santa Clara, California, said Moore died “surrounded by family at his home in Hawaii.”
In its early days, Intel was known for continuous innovation, growing to become one of the biggest, most important companies in technology.
In an article in 1965, Moore first coined a theory that later became known as “Moore’s Law.” It stated that integrated circuits would essentially double in power every year. He later revised the law to say the doubling would occur every two years.
The axiom held true for decades and became synonymous with the rapid rate of technological change in the modern world.