complexity for minimum component costs has increased at a rate of roughly a
factor of two per year ... Certainly over the short term this rate can be
expected to continue, if not to increase. Over the longer term, the rate of
increase is a bit more uncertain, although there is no reason to believe it
will not remain nearly constant for at least 10 years. That means by 1975,
the number of components per integrated circuit for minimum cost will be
65,000. I believe that such a large circuit can be built on a single wafer.