Moore's law is about doubling of transistor count for the same price. At least that's always been my understanding.
EDIT: I decided to look it up. Heres the original 1975 statement from him that led to the law:
"The complexity for minimum component costs has increased at a rate of roughly a factor of two per year. Certainly over the short term this rate can be expected to continue, if not to increase. Over the longer term, the rate of increase is a bit more uncertain, although there is no reason to believe it will not remain nearly constant for at least 10 years."
So yup, it's about transistor density vs price.
The V100 had up to 32gb ram, the H100 is 188gb. While there’s obviously transistors in ram, the counts being compared are for the GPU itself. I’d argue that a big chunk of the price difference in the V100 vs H100 is RAM.
But that's the same Moore's Law problem when using the 'price' definition.
6x RAM 5 years later = 4x the cost? That's even slower than the FLOPS gains.
Roughly the same tech advances apply to making all three kinds of chips so I think it applies (somewhat) equally to CPU, GPUs, RAM and even SSDs etc.
Bearing in mind that ram lags a few generations behind CPU and GPU (I think DDR5 is 12nm vs latest GPUs around 4nm). And also that Moore's law is not a physical law, even when it was in full swing it was only ever meant as a rough guideline for what to expect over a couple of years period.
Moore's law says nothing about price or performance.
H100 has about 4x as many transistors as V100, which is pretty close to what Moore's law would predict.