Phoenix City Council approved a development deal that includes city investment in infrastructure improvements such as water, wastewater, and streets to the site. The land was purchased for $89 million at a state land auction. In 2020, Taiwan Semiconductor Manufacturing Company (TSMC) announced the purchase of an 1,129 acre parcel of undeveloped land in north Phoenix, Arizona. Some of the top companies that have chosen to locate in the Phoenix region include:Ī New Corridor for Semiconductor Manufacturing The greater Phoenix metropolitan area is home to many companies in the semiconductor, hardware, software, engineering, manufacturing, research and development, and aerospace industries. Arizona has a long-established history of high-tech manufacturing stretching back decades.
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