November 21, 2024 9:06 am
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ASU launches $270 million semiconductor facility in Tempe

By Jessica Boehm | Axios

ASU is partnering with Applied Materials Inc. to bring a $270 million research, development and prototyping facility to support the Valley’s burgeoning semiconductor industry.

Driving the news: The university and the California-based company announced the new Materials-to-Fab (MTF) Center Tuesday. It will be housed at ASU Research Park and is expected to open within two years.

Why it matters: Arizona has attracted more semiconductor investment since 2020 than any other U.S. state — driven mainly by Taiwan Semiconductor Manufacturing Co.’s $40 billion facilities in north Phoenix.

  • ASU and other local educational institutions have been trying to ramp up their chips manufacturing programs to ensure a skilled workforce for the growing industry.

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