We are given the limit:
\[
\lim_{x \to 0} \frac{e^{x} - 1}{x^2}.
\]
Step 1: Apply L'Hopital's Rule
This is an indeterminate form \( \frac{0}{0} \), so we can apply L'Hopital's Rule, which involves differentiating the numerator and denominator.
First, differentiate the numerator:
\[
\frac{d}{dx}(e^{x} - 1) = e^{x}.
\]
Now, differentiate the denominator:
\[
\frac{d}{dx}(x^2) = 2x.
\]
Now, we can compute the new limit:
\[
\lim_{x \to 0} \frac{e^{x}}{2x}.
\]
Step 2: Apply L'Hopital's Rule Again
This is again in the form \( \frac{0}{0} \), so we apply L'Hopital's Rule once more.
Differentiate the numerator:
\[
\frac{d}{dx}(e^{x}) = e^{x}.
\]
Differentiate the denominator:
\[
\frac{d}{dx}(2x) = 2.
\]
Now, the limit becomes:
\[
\lim_{x \to 0} \frac{e^{x}}{2} = \frac{1}{2}.
\]
Thus, the value of the limit is (C) \( \frac{1}{2} \).