Sustaining Moore's Law of scaling Si CMOS transistors requires not only shrinking the transistor dimensions, but also the introduction of new materials and structures. In the future, advanced high performance CMOS transistors are likely to incorporate highly strained Si and SiGe channels for enhanced carrier transport and high-k/metal-gate stacks for low gate leakage. This work describes the recent advances made in integrating strained Si and SiGe channel transistors with high-k/metal-gate stacks for future high performance, low power logic applications.