The document discusses CMOS technology which uses both NMOS and PMOS transistors in a complementary way. It has low power dissipation as power is only consumed during switching. CMOS circuits like inverters, NAND and NOR gates are constructed using a pull-up network of PMOS transistors and a pull-down network of NMOS transistors. The fabrication of CMOS transistors involves depositing and patterning materials on a silicon wafer through lithography. CMOS has advantages like low power, high noise immunity and is widely used in applications like computers, processors and memory chips.