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- FOR half a century, the essence of progress in the computer industry has been to do more with less. Moore’s law famously observes that the number of transistors which can be crammed into a given space doubles every 18 months. The amount of data that can be stored has grown at a similar rate. Yet as components get smaller, making them gets harder and more expensive. On May 10th Paul Otellini, the boss of Intel, a big American chipmaker, put the price of a new chip factory (known as a fab) at around $10 billion.