Arizona Announces Significant Funding to Help Grow Already Big Semiconductor Sector

Up to $100 million in funding is being committed to the expansion Arizona’s nationally known semiconductor industry.

In a statement, Governor Doug Ducey noted that the Grand Canyon State has “earned a place as one of the world’s leading destinations for chip design, manufacturing, and innovation.”

The Governor added that the $100 million is in keeping with Arizona’s efforts in recent year to work with the private sector to build out the state’s semiconductor ecosystem.

In a statement, Sandra Watson, chief executive officer of the Arizona Commerce Authority, noted that Arizona has taken strides in investing in both an advanced manufacturing workforce as well as the state’s research capabilities, and adding: “Thus funding promises to take that transformation even further.”

Arizona’s predominance in pushing for an expansive semiconductor industry has prompted Forbes magazine to call the state “Semiconductor Central.”

Some of the most significant projects has seen the Taiwan Semiconductor Manufacturing Company announcement to build a $12 billion new plant in Phoenix. Early last year, Intel announced plans to build two new production facilities in the state.

By Garry Boulard

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