December 22, 2024 11:30 am
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Giant US chipmaker eyes Arizona for major plant

(Aerial photo by Raymond Kao)

By Evan Hoopfer, Lauren Ohnesorge | Phoenix Business Journal

A U.S. semiconductor company is scouting multiple sites in Arizona, Texas, California and North Carolina for a project that could have a capital investment of $40 billion or more with 5,000 to 10,000 jobs at full buildout. 

Multiple sources told the Triangle Business Journal in North Carolina that the project is on an accelerated timeline as the country, and the world, rushes to fill the gap in the global chip shortage that’s hampering the economic recovery and causing supply chain disruption. 

Read the full subscription story from the Phoenix Business Journal.

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