Intel co-founder and philanthropist Gordon Moore passed away at the age of 94 in Hawaii.
The Silicon Valley pioneer started working on semiconductors in the 1950s. He predicted that the computer processing powers would double every year and later revised it to every two years. The insight came to be known was the Moore's law.
The Moore's law had paved way for a revolution in the computer processor industry.
The Intel Corporation paid tribute to its co-founder saying "We lost a visionary".
"The world lost a giant in Gordon Moore, who was one of Silicon Valley's founding fathers and a true visionary who helped pave the way for the technological revolution. All of us followed owe him a debt of gratitude. May he rest in peace," Apple CEO Tim Cook wrote.
“RIP Gordon Moore. His vision inspired so many of us to pursue technology, was an inspiration to me. Thoughts with his family and everyone at Intel,” wrote Google CEO Sundar Pichai.
Integrated circuits would lead "to such wonders as home computers-or at least terminals connected to a central computer-automatic controls for automobiles, and personal portable communications equipment," Moore wrote in a paper.
Moore's law actually helped to push chipmakers to target their research to make it come true.
After Moore's article was published, memory chips became more efficient and less expensive at an exponential rate, reported BBC.
Moore, had joined Fairchild Semiconductor laboratory which manufactured commercially viable transistors and integrated circuits, after completing his PhD.
In 1968 Moore and Robert Noyce left Fairchild to start Intel.
Moore's work helped drive significant technological progress around the world and allowed for the advent of personal computers and Apple, Facebook and Google, reported BBC.
"He leaves behind a legacy that changed the lives of every person on the planet. His memory will live on. I am humbled to have known him," tweeted Pat Gelsinger, Intel's current CEO.
After starting a foundation with his wife Betty, Gordon and Betty Moore Foundation, he dedicated his later life to philanthropy. Among several causes included protecting Amazon River basin, salmon streams in the US, Canada and Russia.
In 2002, Moore received the Medal of Freedom- the highest civilian honour in the US-from President George W. Bush.