Dive Brief:

• "Moore’s Law is alive and well and flourishing," said Intel CEO Brian Krzanich, speaking at CES. For Krzanich, Intel’s new Cannon Lake processor proves it.
• Intel will release a new chip this year, created at 10 nanometers, down from the 14 nanometers available in its current chip set, Fortune reports. 
• Though Moore's Law is not dead, it may just take a little longer than originally projected, Krzanich admitted. Rather than doubling computing power ever two years, the rate is now every two-and-a-half years. 

Dive Insight:

Fifty years ago, Gordon Moore, co-founder of Intel, predicted computer power would double every two years as silicon chips became smaller and more efficient. Until a few years ago, Intel kept pace with that prediction, reducing the size of its chip designs just about every two years.

But reducing chip scale has become more difficult in recent years and delays in new chip designs were the result, causing some experts to declare Moore's Law dead. 

Intel has a lot weighing on the new chip. The company’s traditional chip-making market has struggled over the past several years as demand for chips slowed. If the company can prove they can still become more powerful over time, it will serve as an insurance policy in the market.