Indeed, but as we hit the powerwall we haven't got the performance advancement we used to.Moore's law is still happening when you go by transistor count.
Simply put, only way to get more performance is to build processors which use less power to do the same work, this means better data locality and more parallerisation.
These should explain it nicely.
http://www.orau.gov/archI2011/presentations/dallyb.pdf
https://www.youtube.com/watch?v=IIzjMr4f-8U