The renaissance of silicon will create industry giants

TechCrunch | 8/15/2019 | Staff
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Navin Chaddha leads Mayfield. The firm invests in early-stage consumer and enterprise technology companies and currently has $2.7 billion under management.

Every time we binge on Netflix or install a new internet-connected doorbell to our home, we’re adding to a tidal wave of data. In just 10 years, bandwidth consumption has increased 100 fold, and it will only grow as we layer on the demands of artificial intelligence, virtual reality, robotics and self-driving cars. According to Intel, a single robo car will generate 4 terabytes of data in 90 minutes of driving. That’s more than 3 billion times the amount of data people use chatting, watching videos and engaging in other internet pastimes over a similar period.

Tech - Companies - Data - Centers - Servers

Tech companies have responded by building massive data centers full of servers. But growth in data consumption is outpacing even the most ambitious infrastructure build outs. The bottom line: We’re not going to meet the increasing demand for data processing by relying on the same technology that got us here.

The key to data processing is, of course, semiconductors, the transistor-filled chips that power today’s computing industry. For the last several decades, engineers have been able to squeeze more and more transistors onto smaller and smaller silicon wafers — an Intel chip today now squeezes more than 1 billion transistors on a millimeter-sized piece of silicon.

Trend - Moore - Law - Intel - Co-founder

This trend is commonly known as Moore’s Law, for the Intel co-founder Gordon Moore and his famous 1965 observation that the number of transistors on a chip doubles every year (later revised to every two years), thereby doubling the speed and capability of computers.

This exponential growth of power on ever-smaller chips has reliably driven our technology for the past 50 years or so. But Moore’s Law is coming to an end, due to an even more immutable law: material physics. It...
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