Arizona State University announced a historic $35 million gift from the National Association of State Procurement Officials to elevate the role of procurement and strengthen the Department of Supply Chain Management at the W. P. Carey School of Business, which will be renamed the NASPO Department of Supply Chain Management. The gift will support new initiatives, scholarships … [More]
Carvana Partners with Stanford Athletics
Carvana, an e-commerce platform for buying and selling cars online, announced a multi-year partnership with Stanford Athletics, the nation's all-time leader in NCAA team championships. As the Official Auto Retailer of Stanford Athletics, Carvana will bring its customer-first, tech-driven approach to the Cardinal campus, celebrating Stanford’s legacy of athletic tradition, … [More]
Honeywell Prepares to Spin Off Aerospace Segment, Names CEO
Honeywell announced the appointment of Jim Currier as President and Chief Executive Officer of Honeywell Aerospace, which will become an independent, publicly traded company following its planned spin-off expected to be completed in the second half of 2026. Honeywell also announced that Craig Arnold has been selected to serve as Chairman of the Honeywell Aerospace Board of … [More]
Phoenix Names Community and Economic Development Director
The City of Phoenix announced the appointment of Ryan Touhill as the new Community and Economic Development Director; Touhill brings nearly two decades of experience in local government and economic development, most recently serving as Director of Arlington Economic Development (AED) in Virginia. There, he led the creation and implementation of AED’s Strategic Plan for … [More]
327-Unit Wellness Living Community Breaks Ground at PV Mall
Life Time, a healthy lifestyle brand, and RED Development, broke ground on Life Time Living Paradise Valley. The new luxury residential project will be adjacent to the 92,000-square-foot Life Time Paradise Valley athletic country club, currently under construction and scheduled to open in the first half of 2026. Together, the Life Time development will bring the company's … [More]
Amkor Begins CEO Transition, Finalization Set for January
Amkor Technology, Inc., a leading provider of semiconductor packaging and test services, announced financial results for the third quarter ended September 30, 2025 and a chief executive officer succession plan. “Amkor delivered third quarter revenue of $1.99 billion, a 31% sequential increase, fueled by demand for Advanced packaging, which set a new revenue record,” said … [More]
ASU Med School Secures Preliminary Accreditation, $100M+ Naming Gift
Arizona State University's new medical school achieved two major milestones – receiving preliminary accreditation from the Liaison Committee on Medical Education (LCME) and a nine-figure naming gift, the second-largest in ASU's history. The school will be named the John Shufeldt School of Medicine and Medical Engineering and, with accreditation, can now begin recruiting its … [More]
$50M Gift Launches ASU Global Institute for the Future of Energy
Arizona State University announced the creation of the Global Institute for the Future of Energy, supported by a $50 million gift from Robert Zorich, managing partner of EnCap Investments and an alumnus of ASU's Thunderbird School of Global Management. The institute, a collaboration between Thunderbird and ASU's Global Futures Laboratory, will focus on energy education, … [More]
Phoenix–Taipei Startup Corridor Formed to Scale AI and Semiconductor Companies
Tesoro Venture Capital, an Arizona-based venture fund and accelerator focused on artificial intelligence and semiconductor innovation, and Startup Island TAIWAN (SIT), the national startup brand powered by Taiwan’s National Development Council, announced the signing of a Memorandum of Understanding to deepen collaboration between the U.S. and Taiwan in the rapidly expanding AI … [More]
National Wealth Manager Sets Secondary HQ in Tempe
Kestra Holdings, a leading wealth management company serving independent financial professionals and firms nationwide, announced the planned opening of a secondary headquarters in Tempe, Arizona. Kestra will maintain its primary headquarters in Austin, Texas, while its presence in Tempe will help accelerate its ability to scale operations and deliver even greater support to … [More]
Their Take: Diplomacy at the Local Level – How Cities Like Phoenix Shape Global Opportunity
When most people think of diplomacy, they picture world leaders gathered at summits or foreign ministers negotiating across long tables. But today, diplomacy is just as alive in our cities. Mayors and local leaders are at the front lines of international engagement, and the impact is both immediate and profound. For Phoenix, diplomacy and protocol are not abstract concepts. … [More]
Glendale Appoints New City Manager, Taps Gilbert for Talent
The Glendale City Council has appointed a longtime municipal leader with a successful history of steering community growth as its next city manager. Patrick Banger, currently the Gilbert town manager, will take on the role of the city’s chief executive officer, overseeing daily operations, implementing the policies of the city council and managing the city budget. “I’m proud … [More]
ASU’s $270M Materials-to-Fab Center Launches, Supercharging U.S. Chip Development
Applied Materials, Inc. and Arizona State University marked the official opening of the Materials-to-Fab Center, a shared world-class $270 million research, development and prototyping facility inside the university’s MacroTechnology Works at ASU’s Research Park in Tempe. A ribbon-cutting event was held at the Center as semiconductor industry leaders from around the globe … [More]
Intel Unveils Groundbreaking Next-Gen Chips, Chandler Set as Production Hub
Intel revealed the architectural details for the company’s next generation client processor Intel Core Ultra series 3 (code-named Panther Lake), which is expected to begin shipping later this year. Panther Lake is the company’s first product built on Intel 18A, the most advanced semiconductor process ever developed and manufactured in the United States. Intel also previewed … [More]
EPCORE Secures 100-Year Supply, Clearing Path for 60,000 New Arizona Homes
Governor Katie Hobbs celebrated Arizona’s first Alternative Designation of Assured Water Supply (ADAWS) with EPCOR. ADAWS is a new pathway for communities to receive 100-year Assured Water Supply protections that saves groundwater and helps build more homes. This landmark achievement comes after years of work under Governor Hobbs’ leadership, including a rigorous and public … [More]
SEMICON West Has Landed in Phoenix and the Valley Is Winning Big
For the first time in its 55-year history, SEMICON West moved out of the Bay Area and set up on the desert floor, and Arizona showed why the swap made sense. The marquee microelectronics trade show, held October 7–9 at the Phoenix Convention Center, brought global chipmakers, suppliers, researchers and policymakers to downtown Phoenix, turning the city into North America’s … [More]
Amkor Breaks Ground in Peoria, Expanding Investment to $7B
Amkor Technology, Inc., a provider of semiconductor packaging and test services, announced the groundbreaking and expanded planned investment of its new state-of-the-art outsourced semiconductor advanced packaging and test campus in Arizona. The expanded investment includes additional cleanroom space and a second greenfield packaging and test facility, increasing total … [More]
From San Francisco to Phoenix: SEMICON West Arrives Downtown
The City of Phoenix, in partnership with the Greater Phoenix Economic Council and other regional partners, welcomes SEMICON West – the world's premier microelectronics industry conference – to the Phoenix Convention Center on October 7-9. After being held for decades in San Francisco, Phoenix will now play host to the event on a rotating basis, with it scheduled to return in … [More]
