Only for some interpretations of Moore's law. The strictest readings count transistors in CPUs. But plenty take it as a general prediction in the doubling of performance of hardware.
Computing things still get cheaper as more tech gets included. For example, Someone working in AI or video games can drop a $1000 on a Cuda enabled GPU and get more than a 10x more performance increase then they could reasonably get with that $1000 3 years earlier. This is much more than the two doublings some interpretations of Moore's law predicts.
Not all performance increases are going to be inside the most complex part.
Computing things still get cheaper as more tech gets included. For example, Someone working in AI or video games can drop a $1000 on a Cuda enabled GPU and get more than a 10x more performance increase then they could reasonably get with that $1000 3 years earlier. This is much more than the two doublings some interpretations of Moore's law predicts.
Not all performance increases are going to be inside the most complex part.