tech boom

Language: en

📖 Definitions

  1. A period of rapid growth, expansion, and increased investment in the technology sector, often characterized by rising stock prices, high valuations for tech companies, and significant innovation.; An economic surge driven specifically by advancements and commercialization in information technology, artificial intelligence, or digital services.

💬 Examples

  1. The dot-com tech boom of the late 1990s saw many internet startups achieve unprecedented valuations before the bubble burst.

  2. Investors are flocking to emerging markets hoping to capitalize on the next global tech boom fueled by AI developments.