By Comercial Property Executive | AZ Big Media
Over the past 30 years, the share of global semiconductor manufacturing capacity in the U.S. has dropped from 37 percent to 12 percent, according to the Semiconductor Industry Association. In light of the global semiconductor shortage, however, the U.S. is becoming more aware of the need to strengthen its chip manufacturing ecosystem. And Metro Phoenix has positioned itself to become a major semiconductor player.
Thanks to a large existing cluster of industry-leading firms and recent major announcements — such as Taiwan Semiconductor Manufacturing Co.’s $12 billion and Intel Corp.’s $20 billion chipmaking plants — the Greater Phoenix metro is poised to become a major player in America’s semiconductor manufacturing industry.