Examples of progress in fabricating branched multi-terminal multi-wall and single-wall carbon nanotube junctions as predicted by nanotechnology simulations, using template growth and nanowelding techniques, respectively, have been briefly reviewed in this report. It is argued that similar general progress in computational nanotechnology-driven fabrication of applications in other nanomaterials such as nanotubes, fullerenes, nanowires, quantum dots, DNA molecules, and nanoparticle-based systems and devices are also feasible. This is because, at nanometer length scale, system sizes have shrunk sufficiently small such that it is feasible to simulate the structural, stability, and physical and chemical characteristics with very high accuracy predictive simulations.