What term refers to the 2000-2002 crash of technology stocks?

The 2000–2002 crash in technology stocks is commonly called the dot-com crash. It was the collapse that followed the dot-com bubble, a speculative boom built around internet companies and expectations of rapid online growth.

During the late 1990s, venture capital and public-market money poured into businesses with internet-focused names and ambitious plans. Many companies had little revenue, weak profits, or no workable path to profitability, yet their share prices rose sharply. The Nasdaq Composite gained roughly 600% from 1995 to its March 2000 peak.

After the bubble burst, technology shares fell heavily. The Nasdaq ultimately lost about 78% from its peak by October 2002. Companies such as Pets.com, Webvan, and Boo.com failed, while even established firms including Cisco Systems and Amazon suffered major market-value declines.

“Dot-com bubble,” “dot-com bust,” and “tech crash” are related expressions. The stored answer, “dot-com crash,” is the clearest canonical label for the market collapse itself; “Internet bubble burst” describes the event but is not the usual formal name.