February 23, 2004 – Stop fretting about Moore’s Law — it’ll keep working for the next 15-20 years, according to Intel CEO Craig Barrett, quoted by Dow Jones..

Speaking at the Global Information Summit in Tokyo, Barrett said that a continuation of Moore’s Law into the next couple of decades will enable more electronic functionalities and capabilities, as well as a convergence of digital information technologies in areas including wireless networks and broadband infrastructures.

In other news, Intel Corp. revealed that the Internal Revenue Service is examining the company’s tax returns for 2002 and 2001, but that the ultimate outcome won’t hurt its financial position or cash flow, according to Dow Jones. The company also said its fY03 earnings would have been reduced from $0.85/share to $0.71/share had it used a fair-value method for accounting for stock options.