Semiconductor technology involves materials that have electrical conductivity between that of conductors and insulators. These materials, such as silicon, are essential for creating electronic components like transistors and diodes, which are the building blocks of modern electronics. Semiconductors can be manipulated to control electrical current, making them crucial for devices like computers, smartphones, and solar cells. The development of semiconductor technology has led to significant advancements in various fields, including telecommunications and computing. Companies like Intel and Samsung are key players in this industry, producing microchips that power everything from household appliances to advanced artificial intelligence systems.