Phoenix is emerging as a tech hub, attracting major companies for its favorable conditions and talent pool
Experts say there are four key factors that make a city a tech hub, and Phoenix checks all the boxes. First, it has a business-friendly environment. Second, there’s a network of other tech companies. Third, it’s close to universities with strong engineering programs. Finally, there’s a good talent pool available.
Big names in tech are taking notice. TSMC, for instance, is a major player. They’re investing a whopping $65 billion in the Phoenix area. TSMC started talks with the city back in 2016 to expand its chip manufacturing. The local economic council worked for three years to create a science and tech park to meet TSMC’s needs. Once it’s up and running, it’s expected to create around 62,000 jobs.
Rick Cassidy from TSMC Arizona mentioned they’re replicating a successful model from Taiwan. This setup helps smaller suppliers by giving them space to work and connect easily.
Self-driving cars are also making waves in Phoenix. Companies like Uber, Cruise, and Waymo are testing their autonomous vehicles here. The city’s grid layout and reliable weather make it a great spot for these tests. Arizona has been friendly to self-driving tech, with former Governor Doug Ducey easing regulations. Waymo has been testing in Phoenix since 2017 and now offers a robotaxi service across a large area.
Drones are another exciting development. Amazon recently got the green light to start its Prime Air drone program in Tolleson, a suburb of Phoenix. They aim to ramp up to 500 million deliveries a year. So far, they’ve already delivered thousands of packages.
David Carbon from Amazon said this is just the start, with more to come in 2025. It’s an exciting time for tech in Phoenix!
