---
title: "ASM Announces $320M Semiconductor Headquarters in Scottsdale"
url: https://stacklist.com/card/f9494bf9-0465-4ec2-869a-1e7c962e5a4f
source_url: "https://ktar.com/arizona-news/dutch-semiconductor-company-asm-announces-320-million-investment-in-scottsdale"
stack: https://stacklist.com/c/business/stack/3c1208a9-9cf3-43b4-8af1-9f8cc8649473
summary: "Dutch semiconductor equipment company ASM is investing over $320 million to expand its U.S. headquarters in Scottsdale, Arizona, creating more than 500 jobs over five years. The facility will serve as a research, development, and engineering hub, strengthening Arizona's position as a key center for semiconductor manufacturing and innovation."
tags: "semiconductor, investment, scottsdale, expansion, manufacturing, research-development"
key_entities: "ASM (organization), Scottsdale (location), Arizona (location), Benjamin Loh (person), Katie Hobbs (person), Mark Rutte (person), David Ortega (person), Netherlands (location), semiconductor-manufacturing (concept), ASM-Scottsdale-expansion-announcement (event)"
classification: "reference"
content_hash: "sha256:a91cf845529d2d99dfd757181f787af3c52bad5fcffa6b1c8d139da44c1b723f"
acp_version: "0.2"
token_counts_approximate: 1098
visibility: public
agent_accessible: true
status: "final"
---

# ASM Announces $320M Semiconductor Headquarters in Scottsdale

ARIZONA NEWS Dutch semiconductor company ASM announces $320 million investment in Scottsdale Dutch semiconductor equipment company ASM is investing more than $320 million to expand its U.S. headquarters in Scottsdale. BY HEIDI HOMMEL Dec 6, 2023, 4:35 AM Updated: 8:40 am 0 Follow on Google News Dutch semiconductor company ASM is investing more than $320 million to expand its U.S. headquarters in Scottsdale. (KTAR News photo/ Heidi Hommel) (KTAR News photo/ Heidi Hommel) Never miss Arizona News stories! Follow Newsletters Log in/Sign up for a free account to customize your news feed, save articles, and get alerts on the topics you care about. Manage your preferences, view your saved articles and videos, and continue listening to your in-progress podcasts from your dashboard. PHOENIX — Dutch semiconductor equipment company ASM is investing more than $320 million to expand its U.S. headquarters in Scottsdale. The money will be spent over five years to build a 20-acre research, development and engineering facility on the corner of Loop 101 and Scottsdale Road. It will bring more than 500 jobs to the area. “The facility will be home to research, development and engineering activities, as well as our global training center, software team and corporate support functions,” ASM CEO Benjamin Loh said. Loh was joined by company executives, Scottsdale Mayor David Ortega, Arizona Governor Katie Hobbs and Prime Minister of the Netherlands Mark Rutte at the announcement ceremony Tuesday at WestWorld of Scottsdale. ASM was one of the first semiconductors companies to begin operations in Arizona. The company’s ties go all the way back to 1976 when ASM first established its North American headquarters in Phoenix. Loh said he wants to build on ASM’s legacy in Arizona and prepare the company for the next decades. ASM employs more than 800 people in Arizona and that number has doubled since 2019. Its Arizona facilities are its largest research and development hub worldwide. “The many innovations we pioneered in Arizona have found their way into computers, phones, medical equipment like MRI scanners, data centers, cars and AI applications everywhere,” Loh said. Arizona Governor Katie Hobbs spoke at the event and said Arizona is quickly becoming an epicenter for sustainable technologies. Hobbs said there have been more than 32 semiconductors expansions in the state in fewer than two years. Investments that will strengthen U.S. supply chains, bring billions to the state and create good paying jobs for everyday Arizonans. “ASM’s enhanced research and development operations in Arizona will catalyze innovation, bolstering our already booming manufacturing eco system,” Hobbs said. The governor said we can expect more foreign investments to Arizona for chip manufacturing. Prime Minister Rutte also spoke at the event, along with the Dutch Minister of Economic Affairs and Climate Policy Micky Adriaansens. Arizona Senators Kyrsten Sinema and Mark Kelly did not attend the event but sent in video statements throwing their support behind the expansion. Related Arizona trade apprenticeship program expanding with $15M TSMC investment Amkor announces $2 billion facility in Peoria for packaging Apple chips Arizona takes more action to boost semiconductor training and development Developer reveals timeline for new build-to-rent community in Laveen Katie Hobbs faces pushback after not declaring state of emergency for Heber-Overgaard tornado ADOT sets 2 public meetings to discuss I-10 improvements through central Phoenix Heidi Hommel KTAR News 92.3 FM reporter Heidi Hommel is a reporter for KTAR News in Phoenix. She earned her bachelor’s degree in journalism and master’s in communication with a focus on documentary film studies from Northern Arizona University. Heidi’s career includes roles as a reporter… Read more Never miss Arizona News stories! Follow Newsletters Log in/Sign up for a free account to customize your news feed, save articles, and get alerts on the topics you care about. Manage your preferences, view your saved articles and videos, and continue listening to your in-progress podcasts from your dashboard. ADVERTISEMENT { this.isMobile = window.innerWidth Comments Log in to start commenting! Log In / Sign Up Please follow our Community Guidelines 0 Comments Start the conversation Please follow our Community Guidelines ADVERTISEMENT