Transistors are tiny switches that are used as the fundamental building blocks of silicon chips.
However, many experts point out that the relentless march of Moore's Law could stumble when components get so small they become unreliable.
The unreliability - or "statistical variability" - of chips is a problem that many researchers were trying to deal with, said Professor Asen Asenov from the Department of Electronics and Electrical Engineering at the University of Glasgow.
Variability increases as components shrink, said Professor Asenov, who has been using large scale simulations on grid computers to study how the behaviour of transistors changes as they get smaller.
For Professor Rakesh Kumar at University of Illinois the demise of Moore's Law is being hastened by an insistence on making silicon chips operate flawlessly.
Professor Kumar said variations in manufacturing, environment, and workload can conspire to make a chip suffer errors. Manufacturers try to ensure that whatever happens, he said, the chip works correctly.
"It's a case of 'if the software asks the chip to do something it does it at any cost,'" he said.
Professor Kumar's research suggests that the pursuit of perfection forces manufacturers to make some poor choices.
"To ensure correct operation you are purposefully running the chips at higher power than you need to," he said.
Error condition
That insistence on perfection also pushes up manufacturing costs because many chips have to be discarded if they fall short.
Professor Kumar said that it would become harder and harder for chip makers to ensure instructions are executed flawlessly as components shrink.
The tiny components in chips are already starting to give rise to errors. Instead of trying to eliminate this, he said, it should be embraced to produce so-called "stochastic processors" that are subject to random errors.
"The hardware is already stochastic so why continue pretending it's flawless?" he asked. "Why put in more and more money to make it look flawless?"
Through research part-funded by Intel, Professor Kumar and his colleagues are designing processors that forgo flawlessness. Instead they attempt to manage the number and type of errors so they can be coped with efficiently.
An example error, said Professor Kumar, is when a chip fails to complete a cycle of instructions within a given time. The workings of most chips are governed by a clock and the data processing they do advances with each tick of that time-keeper.