No, Moore's law is fine. If the CPU takes half the real estate and uses half the power but costs the same it is the same perversion of the market expectations of Moore's law as if you don't deliver twice as much in the same price.

From Wikipedia:

Some forecasters, including Gordon Moore,[122] predict that Moore's law will end by around 2025.[123][120][124] Although Moore's Law will reach a physical limit, some forecasters are optimistic about the continuation of technological progress in a variety of other areas, including new chip architectures, quantum computing, and AI and machine learning.[125][126] Nvidia CEO Jensen Huang declared Moore's law dead in 2022;[2] several days later, Intel CEO Pat Gelsinger countered with the opposite claim.[3]