As organizations worldwide continue to grapple with a critical shortage of semiconductors plus myriad other supply chain disruptions, Arizona is positioning itself as a high-tech manufacturing hotbed. “Arizona has rapidly become an epicenter for electric vehicle and self-driving tech,” CNBC reports, “and it’s now the site of three big new semiconductor factories as the U.S. struggles to increase production during the global chip shortage.”
According to the Arizona Commerce Authority, a total of 634 companies have either relocated or expanded their footprints in the state since 2015. Some of the more notable names include Intel and Taiwan Semiconductor Manufacturing Co., plus electric vehicle companies Lucid Motors, ElectraMeccanica, Nikola and Atlis Motor Vehicles, CNBC says.
