Amkor Technology Builds $2 Billion Semiconductor Plant in Phoenix, Arizona

Amkor Technology Phoenix, Arizona

In a monumental stride towards fortifying Arizona's position in the global semiconductor landscape, Amkor Technology, a leading semiconductor packaging and testing services provider, has unveiled plans for a cutting-edge $2 billion advanced packaging and test facility in the Phoenix Metro located in Peoria, Arizona. This strategic move stands poised to redefine the state's industrial prowess while solidifying its footprint in the burgeoning semiconductor industry.

2,000 Jobs Coming to Phoenix, Arizona’s Economy

Amkor's substantial investment echoes a strategic commitment to bolstering the domestic semiconductor supply chain. The facility, encompassing over 500,000 square feet and set to employ approximately 2,000 individuals, signals a pivotal shift in advancing Arizona's semiconductor capabilities.

Serving Apple with TSMC

Situated adjacent to the forthcoming Taiwan Semiconductor Manufacturing Co. (TSMC) plant, this facility will play a pivotal role in packaging and testing semiconductor chips, particularly for tech giant Apple, its primary customer. With a focus on high-performance computing, automotive technology, and communications, the facility is primed to support critical markets.

Amkor Technology Office

CHIPS Act Drives Businesses to Phoenix, AZ

Amkor's strategic alignment with the CHIPS Act underscores a crucial step towards reducing reliance on overseas semiconductor production. By tapping into the Act's funding provisions, the company aims to contribute significantly to the development and expansion of semiconductor manufacturing within the US. The project has garnered staunch support from various government bodies, showcasing its alignment with national initiatives focused on strengthening semiconductor manufacturing. This significant undertaking is expected to have far-reaching economic implications, creating high-tech jobs and energizing Arizona's economy. The announcement underscores a collective vision to strategically enhance geographic footprints in semiconductor manufacturing, fostering robust, resilient supply chains critical to national security and economic sustainability.

More Manufacturing Businesses Looking at Phoenix

With construction anticipated to commence in the latter half of 2024, the Amkor facility represents a pivotal moment in Arizona's industrial evolution. Positioned amidst a landscape already anchored by major semiconductor players, this initiative cements Arizona's status as a burgeoning hub for semiconductor innovation and production. Amkor Technology's visionary investment not only reaffirms its commitment to technological advancement but also positions Arizona as a key player in the global semiconductor ecosystem. This initiative epitomizes a significant leap towards securing America's semiconductor sovereignty and underscores the pivotal role of Arizona in shaping the future of semiconductor manufacturing. As the project unfolds, it stands poised to redefine the state's industrial landscape, propelling it to new heights in the world of technology and innovation.