A Brief History about Silicon Valley
Silicon Valley is a region in Northern California that serves as a global centre for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical Santa Clara Valley.
San Jose is Silicon Valley’s largest city, the third-largest in California, and the tenth-largest in the United States; other major Silicon Valley cities include Sunnyvale, Santa Clara, Redwood City, Mountain View, Palo Alto, Menlo Park, and Cupertino.
The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zurich, Switzerland and Oslo, Norway), according to the Brookings Institution, and, as of June 2021, has the highest percentage of homes valued at $1 million or more in the United States.
The below Video talks about the Entire History of Silicon Valley. How it was in 1978, and how it is today in 2022. What developments took place in last 44 Years to shape the Silicon Valley and How it has evolved. Today Silicon Valley is considered the focal point of Software Innovation in the World. Watch the Video to learn more.
Timeline of the Evolution of Silicon Valley to become a $3 Trillion Valley.
Silicon Valley is home to many of the world’s largest high-tech corporations, including the headquarters of more than 30 businesses in the Fortune 1000, and thousands of startup companies. Silicon Valley also accounts for one-third of all of the venture capital investment in the United States, which has helped it to become a leading hub and startup ecosystem for high-tech innovation. It was in Silicon Valley that the silicon-based integrated circuit, the microprocessor, and the microcomputer, among other technologies, were developed. As of 2021, the region employed about a half million information technology workers.
Based on the below Tech Insider Video Report, Silicon Valley’s transformation happened gradually, over a period of more than 100 years. Here’s how. Silicon Valley is an almost $3 trillion neighbourhood thanks to companies like Apple, Google, and Tesla. But it wasn’t always this way.
In the late 1800s, San Francisco’s port helped make it a hub of the early telegraph and radio industries. In 1909, San José became home to one of the US’s first radio stations. The Navy purchased Moffett Field to dock and maintain the USS Macon in 1933.
This made Moffett Field a major hub for the early days of the aerospace industry. Many scientists and researchers all found work in the area. In 1939, the Ames Research Centre was founded in the area, and it became home to the world’s largest wind tunnel in 1949.
It was in 1969, when the Stanford Research Institute became one of the four nodes of ARPANET. A government research project that would go on to become the internet. Then in 1970, Xerox opened its PARC lab in Palo Alto. PARC invented early computing tech, including ethernet computing and the graphical user interface. In 1971, journalist Don Hoefler titled a 3-part report on the semiconductor industry “SILICON VALLEY USA.” The name stuck.
Then came the era of 1970s, when companies like Atari, Apple, and Oracle were all founded in the area. Silicon Valley became the widely accepted centre of the computer industry in the 1980s. eBay, Yahoo, PayPal, and Google are just some of the companies founded in the area in the 1990s With Facebook, Twitter, Uber, and Tesla joining them the following decade. The growth of the tech industry in the area continues to this day.
Tech Insider Video Report on Youtube
Learn more Here : How Silicon Valley got its Name
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