In the four months since he signed the Chips and Science Act of 2022 into law, President Biden has made a habit of visiting semiconductor plants — or plants to be — to tout the effects of the law. Recent stops have included the groundbreaking of an Intel (INTC) facility in Ohio and a Micron (MU)

Intel officially kicked off construction on its two new semiconductor chip factories in Chandler on Friday, in a project that is expected to cost $20 billion and employ 3,000 people. Intel CEO Pat Gelsinger was on hand for the ceremony and he told the Business Journal that the company is cooperatin

Historically, when the conversation centers around summer blockbusters, it’s in reference to hit movies. But this season, the stars of the show have been the blockbuster commercial real estate deals that created more heat than the Phoenix summer. According to the commercial real estate tracking webs

1. D.R. Horton 2019 revenue: $17.4 billion 2019 closings: 58,434 Company fact: D.R. Horton, founded in 1978, has topped the Builder 100 list for more than 10 years. 2. Lennar Corp. 2019 revenue: $20.6 billion 2019 closings: 51,491 Company fact: Lennar started as a one-man operation in 1954 and grew

Phoenix is now the fifth-largest city in the United States, new US Census Bureau data shows. Arizona’s capital recorded the fastest growth of any major city in the United States over the past decade, adding 163,000 more residents. The city, which 1.6 million people now call home, knocked Philadelph

Total logistics solution company will support electric vehicle manufacturers throughout the region OPELIKA, Alaska (August 2, 2021) – KOAM, a total logistics solution company for automotive OEMs, has opened its first west coast facility in Phoenix, the company announced today. The veteran- and mino

About Crystal Lagoons Island Resort The first Crystal Lagoons Island Resort® will be breaking ground soon bringing the next wave of family entertainment to Glendale, Arizona. This is the first Crystal Lagoons® branded entertainment destination featuring a unique mix of boutique shops, themed restau

Reuters reports that TSMC—Taiwan Semiconductor Manufacturing Company, the chip foundry making advanced processors for Apple, AMD, and Qualcomm—is beefing up its plans to build factories in Arizona while turning away from an advanced plant in Europe. Last year, TSMC announced that it would invest $1

Semiconductors are used in modern technology the world over—including cars, smartphones, and missiles—but more than half the world’s manufacturing capacity is based in Taiwan and mainland China.  As relations between the U.S. and China deteriorated during the Trump administration, moving chip produ

  The Biden Administration on Thursday said it would not attempt to unilaterally extend the Centers for Disease Control and Prevention’s (CDC) national eviction moratorium, allowing it to expire on July 31.  In a statement, the White House acknowledged a recent Supreme Court ruling on the issue, sa

12 GWh Manufacturing Facility Will Bring 3,000 Jobs To AZ As First Domestic Battery Plant Owned By A U.S. Company Cell Manufacturer Nears Construction  PHOENIX — KORE Power, Inc. announced today the first lithium-ion battery manufacturing facility wholly owned by a U.S. company will be built in Mar

In a golf community set in the canyons north of Phoenix, Dragos Sprinceana is building a 20,000-square-foot mountaintop mansion. The 42-year-old shipping-logistics CEO, who already has homes in Boca Raton, Florida, and Chicago, initially saw the Sun Belt swath as a professional opportunity. He has

Phoenix and its suburbs, like Chandler, Ariz., have seen housing prices skyrocket and buyers compete for a very limited supply. CREDIT: MARK LIPCZYNSKI FOR THE WALL STREET JOURNAL By Nicole Friedman July 25, 2021, 9:00 am EDT PHOENIX—Once a poster child for the foreclosure crisis, Phoenix’s housing