Falling costs have been boosted by rising sales and development of new technologies. Moore’s Law applies to more than just computer chips.
“Moore’s law” is the observation by Intel co-founder Gordon Moore that, over the history of computers, the number of transistors in a dense integrated circuit has doubled approximately every two years. The dollar cost of computing has followed a similar path.
Nvidia (NVDA) claim that CPU (computer processing unit) performance scaling is now slowing, as the creation of denser CPU circuitry runs up against the boundaries of physics, and that advances in processing power will now largely be driven by graphics processing units (GPUs). As the largest manufacturer of GPUs, they may be biased, and only time will tell whether advances in CPU performance continue along Moore’s path.
Source: Nvidia brochure 2018