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From “Silicon Valley USA”, the title of a series of articles appearing in 1971 in Electronic News by the journalist Don Hoefler, from silicon, the element used by these industries + valley from Santa Clara Valley, the area where many of these industries are located.
(informal) Originally, the region of the San Francisco Bay Area in which there are a high number of industries producing silicon chips; later extended to mean the entire concentration of high-tech businesses in this area.
2012, Fiorenza Belussi, Udo Hermann Staber, Managing Networks of Creativity, page 92:
The community of radio amateurs—trespassing fiddlers on the cutting edge of technological possibilities—prefigured the geek community that was to inhabit Silicon Valley 50 years later.
Since the launch early last year of Udacity and Coursera, two Silicon Valley start-ups offering free education through MOOCs, massive open online courses, the ivory towers of academia have been shaken to their foundations. University brands built in some cases over centuries have been forced to contemplate the possibility that information technology will rapidly make their existing business model obsolete.
Silicon Valley on Wikipedia.Wikipedia 