Silicon Valley

Overview

Home to Apple, Google, and Meta, Silicon Valley is considered a global epicenter of technological innovation and advancement. Many of the most successful tech corporations were founded in the area, and it's known as a hot spot for startups.

The area, formerly known for its agriculture, is located south of San Francisco Bay in California, and encompasses cities like San Jose, Santa Clara, Palo Alto, and more. San Jose, which is considered the Valley's capital, has more than 6,600 tech companies on its own. Silicon Valley got its name from the headline "Silicon Valley U.S.A." printed in Electronic News in January 1971. The author was writing about the semiconductor industry's history and used the term to describe the Bay Area's production and use of silicon computer chips.

The combined market cap of all the companies in Silicon Valley was $14.3T in 2024. Their combined venture capital funding hit $30B the same year. The tech hub is currently home to roughly 1.7 million workers.

1440 Findings

Hours of research by our editors, distilled into minutes of clarity.

Explore Business & Finance

The United States is home to more than 33 million businesses, the vast majority of which are small businesses, with millions being created (and others closing shop) every year. These businesses often rely on loans, provide the goods and services that keep the economy flowing, and sometimes even grow large enough to enter public markets or provide private investment opportunities. Explore key topics central to business and finance, from the role of the Federal Reserve to how initial public offerings work, how millions of American students finance higher education, and more.

View All Business & Finance