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]
Suns and Mercury Ink $115M Arena Naming Rights Deal
The Phoenix Suns, Phoenix Mercury and United Wholesale Mortgage, announced a 10-year, nearly $115 million dollar naming rights partnership — one of the largest in the NBA and WNBA — to name the downtown Phoenix arena after UWM’s consumer-facing brand, Mortgage Matchup. The home of the Suns, Mercury and more than 100 sporting and entertainment events a year will now be named … [More]
$147M Acquisition Secures 1.25M SF Glendale Distribution Center for Major Discount Retailer
Full-service commercial real estate firm Lincoln Property Company announced the sale of a 1.25 million-square-foot, Class A industrial building within its award-winning Park303 logistics park to Dollar Tree, Inc., one of North America’s largest value retailers. Park303 totals 210-acres and 3.75 million square feet of industrial space along the Loop 303 at Glendale Avenue in … [More]
$850M Metrocenter Transformation Advances with Builder Announcement and New Renderings
Developer Concord Wilshire Capital announced that it has completed demolition of Metrocenter Mall and Oakwood Homes has been named the exclusive residential builder for The Metropolitan, an $850-million, vibrant, mixed-use destination project. The 64-acre development is set to transform the former site of the Metrocenter Mall into a walkable urban village seamlessly integrating … [More]
Chandler Sets National First, Integrating Waymo’s Autonomous Service into Public Transit
Via, a provider of technology for government transit systems, and Waymo, the autonomous driving technology company, today announced a strategic partnership to allow government agencies leveraging Via’s software to introduce Waymo’s fully autonomous ride-hailing service directly into their public transit networks. Chandler, Arizona will be the first city to benefit from this … [More]
Phoenix Names City Manager, Taps Former Chief Admin
The City of Phoenix announced the hiring of Ed Zuercher as City Manager, welcoming back an experienced and respected leader to guide the City forward. Zuercher, who retired from the role in 2021 after a 28-year career with the organization, is currently serving as Executive Director of the Maricopa Association of Governments (MAG). His return marks a homecoming for a public … [More]
Arizona Cardinals Pen Multi-Year Partnership with Avnet
The Arizona Cardinals Football Club and Avnet, a global technology solutions leader headquartered in Phoenix, have agreed to a multi-year partnership. This collaboration brings together two Arizona-based organizations that share a commitment to community and education. A significant part of the relationship is investment in initiatives that uplift and empower communities … [More]
LEGO Selects Tempe to Anchor US Consumer & Shopper Support
The LEGO Group has opened its new Consumer and Shopper Engagement office in Tempe, Arizona with a ribbon cutting to mark the opening of a new base in the Greater Phoenix area. From here, the award-winning CSE team will continue to support LEGO® fans across the United States, answering questions and helping make their building experiences even more enjoyable. Monika … [More]
