Silicon Alley across the metropolitan region, bolstered by the city's emergence as a global node of creativity and entrepreneurship, social tolerance, and environmental sustainability, as well as New York's position as the leading Internet hub and telecommunications center in North America, including its vicinity to several transatlantic fiber optic trunk lines, the city's intellectual capital, and its extensive outdoor wireless connectivity. The term "Silicon Alley" was derived from the long established Silicon Valley in California. It was originally centered in the Flatiron District, in the vicinity of the Flatiron Building at Fifth Avenue near Broadway and 23rd Street, straddling Midtown and Lower
Silicon Valley Silicon Valley Silicon Valley (sometimes abbreviated as SV) is a region in the southern San Francisco Bay Area of Northern California which serves as a global center for high technology, innovation and social media. It corresponds roughly to the geographical Santa Clara Valley. San Jose is the Valley's largest city, the third largest in California, and the tenth largest in the United States. Other major Silicon Valley cities include Palo Alto, Menlo Park, Cupertino, Santa Clara, Mountain View, and Sunnyvale. The San Jose Metropolitan Area has the third highest GDP per capita in the world (after Zurich, Switzerland and Oslo,