How Arizona Is Positioning Itself for $52 Billion to the Chips Industry
When former Arizona Governor Doug Ducey and other state leaders met several years ago with executives of Taiwan-based TSMC, the biggest maker of advanced semiconductor chips, ASU and its large number of Fulton Schools engineering students were among the major advantages the Arizona contingent emphasized to the company’s leadership. Today TSMC is building a sprawling multibillion-dollar facility in Phoenix, and Arizona has become a leader in the U.S. in microchip investment. Along with tax breaks and support to build new infrastructure, Arizona leaders also promised to expand technical and engineering education in the state to provide a more robust pool of potential new employees for companies like TSMC. Those incentives have helped to make Arizona a hub for large chip makers, including Intel, and lead to further investments in the industry.