The growing semiconductor hub in Phoenix, Arizona

Discover how Phoenix's tech hub is attracting global attention and the significance of SEMICON West conference moving to Phoenix in 2025.

Learn about the impact of semiconductor investment on the local economy and the city's position as a prominent player in advanced manufacturing.

Phoenix and Arizona are becoming hotspots for semiconductor innovation and related industries. The semiconductor industry in Phoenix's tech hub is gaining attention from government officials and industry leaders from all over the world.

When Global Chamber recently held the third annual Semiconductor Summit in Phoenix, we got a glimpse of the quicly growing interest from Semiconductor companies to establish themseleves here.

Among the speakers were Kate Gallego, Mayor of Phoenix, Chris Camacho, CEO of Greater Phoenix Economic Council, and Kelly Moore, the honorary consul for Japan in Arizona, and representatives from companies like Intel and Toshiba. Speakers and participants from Sweden, Taiwan, South Korea, India, Japan, Philippines, Vietnam, Mexico, Israel and the EU attended.

The CHIPS Act, a funding package aimed at expanding domestic semiconductor production, is a crucial part of President Biden's industrial policy. Under this act, $52 billion will be allocated towards semiconductor manufacturing and research to reduce dependence on foreign suppliers and strengthen America's position in the global market. Industry and government leaders are making a bid to bring that money to Arizona.

Phoenix's tech hub is emerging as a center for semiconductor manufacturing and research. Companies like Taiwan Semiconductor (TSMC) have established cutting-edge factories in North Phoenix, contributing to job creation and economic growth.

And the venerable annual SEMICON West conference will move to to Phoenix in 2025, after more than 50 years in Silicon Valley.

Semiconductor investment in Arizona has had a significant impact on the local economy. Federal investments in microchip research and fabrication have led to the establishment of ASU's School of Manufacturing Systems, dedicated to training professionals in the industry.

The rise of high-tech manufacturing in Phoenix has attracted companies from various industries, including Intel, Honeywell, and Boeing, showcasing Phoenix's business-friendly climate and talented workforce.

This trend strengthens the local economy and positions Phoenix as a prominent player in advanced manufacturing.