The State of Arizona is making incredible strides in its continued economic expansion, particularly from global manufacturers who see immense valued in the state’s robust and qualified talent pool.
Most recently, Taiwan Semiconductor Manufacturing Company (TSMC), the world’s first dedicated semiconductor foundry, completed construction of its $28B fabrication plant in Phoenix, joining its first facility where the company previously had invested $12B. A third facility will complete the campus and construction is slated to begin later this year. As TSMC continues to expand in Arizona footprint, it is working toward manufacturing roughly 30% of their most advanced semiconductors in Arizona.
Days prior to the TSMC announcement, NVIDIA, a global technology company most widely known for developing graphics processing units (GPUs), announced that its signature Blackwell chips are now in production at TSMC’s Arizona-based manufacturing facility.
Immediately following NVIDIA’s announcement, AMD, the American multinational semiconductor technology corporation, detailed its plans to produce its next-generation EPCY processors at TSMC’s manufacturing campus in Arizona. These processors will be developed using advanced 2nm (2 nanometer) technology, signaling the first time this approach has been deployed in the U.S.
These high-value investments in Arizona’s burgeoning semiconductor and technology sectors comes on the heels of Apple’s major announcement in February 2025 that it will invest more than $500B over the next four years throughout the U.S., including “a multibillion-dollar commitment to produce advanced silicon in TSMC’s Fab 21 facility in Arizona.”
