Moore's Law Boils down to... The complexity for minimum component costs has increased at a rate of roughly a factor of two per year ... 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." - Gordon Moore Electronics Magazine, 1965 The number of transistors on a chip will double approximately every two years. - Moore's Law
So... What's a Transistor? a transistor is a semiconductor device commonly used to amplify or switch electronic signals.
What's a Processor? A Central Processing Unit (CPU), or processor, is a description of a class of logic machines that can execute computer programs.