Polymerase chain reaction (PCR) is a technique used to amplify a single or few copies of a DNA sequence. It uses repeated cycles of heating and cooling of the DNA sample in the presence of DNA polymerase, primers, and dNTPs to exponentially amplify the target sequence. Key steps include DNA denaturation, primer annealing, and polymerase extension. PCR was invented in 1983 by Kary Mullis and revolutionized molecular biology by allowing rapid amplification of specific DNA regions. Variants like nested PCR and inverse PCR increase specificity.