News Summary
Amkor Technology has commenced construction on a $7 billion semiconductor manufacturing campus in Peoria, Arizona. The facility will create approximately 3,000 jobs and focus on advanced packaging and testing of semiconductor chips, boosting the local economy and enhancing Arizona’s role in the technology sector. This investment is seen as pivotal for the region, reflecting Amkor’s commitment to strengthening the U.S. semiconductor supply chain. The campus is expected to be operational by 2028 and is the first business in Peoria’s Innovation Core.
Arizona is set to become a key player in the semiconductor industry as Amkor Technology has officially commenced construction on a significant $7 billion advanced manufacturing campus in northern Peoria. This facility, which is situated just off Lake Pleasant Parkway near Loop 303, aims to enhance the state’s position as a central hub for artificial intelligence (AI) development.
The anticipated construction will create approximately 3,000 jobs in the Peoria area, making it a substantial employment opportunity for the local workforce. Once completed, this campus is expected to be the largest outsourced packaging plant in North America, focusing specifically on the testing and packaging capabilities for semiconductor chips, particularly those utilized by major tech companies like Apple.
The groundbreaking of this major project follows an initial investment of $2 billion from Amkor, coupled with an additional $5 billion commitment ahead of the ceremonial groundbreaking. This significant investment highlights the company’s strategic focus on enhancing its operational capacity and advancing the U.S. semiconductor supply chain. The entire facility is designed to include over 750,000 square feet of cleanroom manufacturing space dedicated to the semiconductor industry.
Peoria Mayor Jason Beck pointed to the previous impact of TSMC’s investment and fabrication center in Phoenix as an influential factor leading to this project. The decision to build in Peoria is perceived as a pivotal moment for the city, potentially drawing more Big Tech companies to the region. Additionally, Amkor’s move to this location is seen as beneficial to community relations, as the original site considered for the factory was located too close to residential neighborhoods, sparking concerns about industrial impact among local residents.
Community representatives, including those from Citizens for Smart Growth, have acknowledged that relocating to a 104-acre plot in Peoria offers a favorable result, aligning both industrial expansion and community interests. The project received overwhelming support from local government, demonstrated by a unanimous vote from the Peoria City Council approving a land swap agreement that enabled the shift from the original site.
This manufacturing facility marks the first business to be established within Peoria’s Innovation Core, reinforcing the area’s growth potential and commitment to technological advancement. Amkor’s CEO emphasized the company’s dedication to strengthening the domestic semiconductor supply chain, a critical component for various industries, including computing, communications, and automotive sectors.
As Amkor proceeds with construction, the new facility is projected to become operational by the year 2028. With its vast capabilities and strategic importance, this campus reflects not only Amkor’s robust growth trajectory but also Arizona’s expanding role in the global technology landscape.
Deeper Dive: News & Info About This Topic
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- Wikipedia: Semiconductor
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Author: STAFF HERE PHOENIX WRITER
The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.
