The Semantic Web is an extension of the World Wide Web that enhances data interoperability and machine understandability using standards from W3C. Key components of the Semantic Web technology stack include RDF (Resource Description Framework), ontologies, and SPARQL for querying RDF data, which improve data integration and knowledge inference. Ontologies categorize knowledge domains into various types, such as domain, task, and application ontologies, facilitating more precise representations of data and relationships.