Moore's Law states that chip performance doubles every 18-24 months while cost remains the same. This allows processors to become twice as fast or half the price in that timeframe. While photolithography and rising temperatures present limits, nanotechnology like carbon nanotubes and nanowires help overcome these barriers and allow continued advancement. Faster processors and advances in flash storage using no moving parts enable more compact and portable devices. Augmented reality enhances the real world and turns any surface into an interactive display where technology and reality interact.