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Nov 30, 2024 | 
inbusinessphx.com | Stephanie Quinn |Benjamin Little
Mining helps drive and build technology and is the very foundation of almost everything around us, from the copper, gold and silver used in electrical equipment, smartphones and healthcare equipment to the critical minerals that build the batteries, wind turbines and solar panels. Copper is crucial in semiconductor development, especially in advanced chip manufacturing processes.
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Oct 31, 2024 | 
inbusinessphx.com | Stephanie Quinn |Benjamin Little
Intel, a key player in the global semiconductor industry and an anchor for Arizona’s tech economy, is at a critical juncture. Despite financial challenges and significant layoffs announced earlier this year, Intel’s future remains tied to the success of its Arizona operations, particularly its massive investments in Chandler. These new fabs, built as part of a larger strategy to secure domestic chip manufacturing, could reshape both Intel’s fortunes and Arizona’s economy.
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Oct 31, 2024 | 
inbusinessphx.com | Stephanie Quinn |Benjamin Little
The Southwest Advanced Prototyping Hub, based at Arizona State University and comprised of more than 170 members — 75 large companies, 28 academic institutions and more than 60 small businesses — has been awarded nearly $30 million in federal funding for five projects aimed at strengthening U.S. semiconductor manufacturing.
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Aug 30, 2024 | 
inbusinessphx.com | Stephanie Quinn |Benjamin Little
While big names like Intel and TSMC often dominate the headlines, the latest news comes from a new company announcing its move to the Greater Phoenix area. KoMiCo, a leader in precision cleaning and advanced coatings for semiconductor equipment, has announced plans to open a new facility in Mesa by 2026, creating more than 200 jobs.
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Aug 30, 2024 | 
inbusinessphx.com | Stephanie Quinn |Benjamin Little
Amkor Technology, Inc. has signed a preliminary memorandum of terms with the U.S. Department of Commerce, setting the stage for a significant expansion in Peoria, Arizona. Under the CHIPS and Science Act, this agreement will provide Amkor with up to $400 million in direct funding and access to $200 million in loans to support the project. Amkor plans to invest approximately $2 billion into its Peoria facility, its first domestic OSAT (outsourced semiconductor assembly and test) site.
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Jul 28, 2024 | 
inbusinessphx.com | Stephanie Quinn |Benjamin Little
SEMICON West 2024 highlighted technological advancements and future supply chain challenges, crucial for the semiconductor industry’s projected $1 trillion growth by the decade’s end. This year’s theme “stronger together” rang true and was echoed by Bertrand Loy, president and CEO of Entegris, and Scott Jensen, director of workforce strategy for CHIPS at the U.S. Department of Commerce, when they emphasized the importance of developing local expertise and infrastructure.
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Jun 28, 2024 | 
inbusinessphx.com | Stephanie Quinn |Benjamin Little
Once deemed the “least sustainable city in the world” by New York University sociologist Andrew Ross in his book Bird on Fire due to concerns over sustaining a metropolitan area in the desert, Phoenix is known today as the Silicon Desert, a semiconductor super hub helping lead the charge to bring manufacturing back to the United States. This shift raises a critical question: Is Phoenix doomed, or is it redefining suburban sustainability?
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Jun 28, 2024 | 
inbusinessphx.com | Stephanie Quinn |Benjamin Little
Axus Technology is a global original equipment manufacturer located in Chandler, Arizona, with next-generation chemical mechanical planarization (CMP) processing and cleaning tools. It plans to expand now that it has secured $12.5 million in funding from IntrinSiC Investment LLC.
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May 31, 2024 | 
inbusinessphx.com | Stephanie Quinn |Benjamin Little
As Phoenix embraces its role as a surging hub for semiconductor manufacturing, the city faces the dual challenge of supporting this high-tech industrial boom while preserving its unique desert landscape. This dynamic poses a significant question: How can Phoenix accommodate rapid industrial expansion without sacrificing its environmental heritage?
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Mar 30, 2024 | 
inbusinessphx.com | Stephanie Quinn |Benjamin Little
In a significant move aimed at revitalizing America’s technological prowess and manufacturing might, the Biden-Harris Administration, alongside Intel Corporation, has unveiled a preliminary agreement that could redefine the landscape of semiconductor manufacturing in the United States. This pivotal development promises to inject up to $8.5 billion in direct funding under the auspices of the CHIPS and Science Act.
