Quantum dots are very small semiconductor particles comparable in size to the bohr radius of an exciton. They confine carrier movement (electrons and holes) in all three dimensions, leading to discrete energy levels similar to artificial atoms. As the size of quantum dots decreases, the separation of energy levels increases. Quantum dots can be fabricated using top-down approaches like lithography or bottom-up approaches like colloidal synthesis. They have applications in solar cells, biosensors, LEDs, quantum computation, displays, and lasers due to their tunable optical and electronic properties.