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]
Black Rock Coffee Bar Listing as “BRCB”, Confirms IPO Pricing
Black Rock Coffee Bar, Inc. announced the pricing of the initial public offering of 14,705,882 shares of its Class A common stock at a price to the public of $20.00 per share. Black Rock Coffee Bar has granted the underwriters a 30-day option to purchase up to an additional 2,205,882 shares of its Class A common stock at the initial public offering price, less underwriting … [More]
Tokyo Trade Office Aims to Fast-Track Market Access for Arizona Firms
Governor Hobbs and the Arizona Commerce Authority announced the opening of a new Arizona Trade and Investment office in Japan. The new office, a part of the Arizona Commerce Authority, is located in Tokyo, Japan, and will serve as a platform to increase economic collaboration and foreign direct investment opportunities between Arizona and Japan, one of Arizona’s largest trading … [More]
Major Acquisition Grows PNC’s Arizona Footprint to 70+ Branches
The PNC Financial Services Group, Inc. announced a definitive agreement to acquire FirstBank Holding Company, including its banking subsidiary FirstBank, headquartered in Lakewood, CO. FirstBank, with $26.8 billion in assets as of June 30, 2025, provides commercial and retail banking services across Colorado and Arizona. FirstBank operates 95 branches, with a leading … [More]
Uber’s $300M Lucid Investment Confirms Phoenix-Built Robotaxis
Lucid Group, Inc., maker of advanced electric vehicles, announced the closing of a $300 million investment in the company by Uber Technologies, Inc. The strategic investment was made as part of the next-generation premium global robotaxi program announced in July. The robotaxi, which will utilize Lucid's electric vehicle technology platform, is planned to be built at … [More]
Greater Phoenix Economic Council Names President & CEO
The Greater Phoenix Economic Council (GPEC) Board of Directors announced nationally recognized economic leader Christine Mackay as the new President & CEO of the organization, effective Oct. 13, 2025. Mackay, who has served as the City of Phoenix Community and Economic Development Director since August 2014, enters the role with nearly 30 years of experience in economic … [More]
