What Semiconductor and Advanced Manufacturing Companies Are Growing in the Phoenix West Valley?

In a historic announcement, in May 2020, TSMC shared its plans to invest $12B in Phoenix, Arizona – building an advanced semiconductor manufacturing fabrication. In December 2022, the company announced its commitment to build a second fab in Phoenix, increasing its total investment to $40B. This represents the largest foreign direct investment in the state of Arizona, and one of the largest ever in the United States. TSMC Arizona will create 4500 high-tech, high-wage jobs, and it’s expected that expansions by semiconductor industry suppliers will bring thousands more employment opportunities to the region.

Whether you’re looking to relocate or build from the ground up, the Avondale Economic Development team is ready to help you call Avondale your new home!

Explore the latest Phoenix commercial real estate activity, including TSMC expansion, industrial development, multifamily investment, office recovery, retail trends and mixed-use projects across Arizona.

Arizona construction jobs are tightest in 2026. Superintendent and PM salary ranges, hardest-to-fill roles, and how to hire before the window closes.

This page highlights the semiconductor industry in Arizona, showcasing the benefits such as affordable operating costs, a strong talent pipeline, and the support from an established cluster of companies. It serves as a resource for businesses looking to understand the advantages of operating in this region.

Industrial, Manufacturing and Tech Innovation At the confluence of technology giants TSMC and Intel, with immediate access to Interstate-10, Avondale Tech Center offers 700,000 square feet of state-of-the-art advanced technology R&D, manufacturing, and logistics space with amenities employees.