Peoria Economic Development
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The Next Frontier in Semiconductor and Advanced Manufacturing
Positioned at the Heart of Arizona’s High-Tech Corridor
Peoria seamlessly connects into Arizona’s globally recognized “Silicon Desert,” offering semiconductor manufacturers and suppliers a powerful combination of infrastructure, proximity to major fabs, workforce access, and development-ready real estate.
Located in the fast-growing northwest region of the Greater Phoenix metro, Peoria is emerging as a strategic location for semiconductor suppliers, advanced packaging firms, and precision manufacturing operations.
Why Semiconductors and Microelectronics Companies Choose Greater Phoenix
Arizona has a decades-long legacy in semiconductor manufacturing and is home to a robust cluster of global technology leaders. The Greater Phoenix area, including Peoria, supports a deep and diversified base of high-tech industries, including semiconductors, aerospace, electronics, engineering, software, and R&D.
Major companies in the region include:
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Peoria's Role in the New Semiconductor Supply Chain
Peoria is quickly becoming a critical link in the U.S. semiconductor supply chain, with major new investments reshaping its industrial landscape.
Amkor Technology – Largest Project in Peoria’s History
In support of the TSMC ecosystem, Amkor Technology—a leading global provider of semiconductor packaging and testing services—has selected Peoria for its newest facility.
- $7 billion investment
- Up to 3,000 new jobs expected
- Located on 104 acres in the Peoria Innovation Core
- Largest outsourced advanced packaging and test facility in the U.S. upon Phase I completion in 2027
This facility will support TSMC's fabs and other chipmakers with advanced semiconductor packaging, bringing cutting-edge capability to U.S. shores.
TSMC: A Historic Investment Next Door
Just outside Peoria, TSMC’s $165 billion investment in north Phoenix is the largest foreign direct investment in Arizona history—and one of the largest greenfield semiconductor projects in the U.S.
Fab 1 (2021): Set to begin production in 2025
Fab 2 (2022): Scheduled for operation by 2028
Fab 3 (2024): In development, expected by 2030
Peoria is ideally positioned for supplier co-location, supporting the growing network of foundry partners, cleanroom suppliers, logistics firms, materials companies, and engineering services needed to sustain the industry.
Peoria Innovation Core: A Smart Location for High-Tech Employers
Located between Peoria's award-winning 7,100-acre Vistancia master-planned community and TSMC, the Peoria Innovation Core is a 7,000-acre mixed-use employment hub designed for high-quality development and long-term scalability.
- Flexible zoning and entitlement options
- Accessible with Loop 303 adjacency and 10 minutes from TSMC
- Adjacent to new residential, retail, and hospitality amenities
- Ideal for corporate offices, engineering labs, advanced manufacturing, and logistics operations
- Fast-growing talent base with access to Phoenix’s skilled workforce
Why Peoria Is a Top Pick for Semiconductor Site Selection
For site selectors in semiconductors, microelectronics, and advanced manufacturing, Peoria offers:
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Shovel-ready land with infrastructure in place
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Proximity to TSMC and regional supply chain partners
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Skilled workforce from ASU, NAU, and local technical programs
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Incentives for qualified capital investment and job creation
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Strategic location within the Phoenix tech corridor
View the Semiconductor and Technology Industries Brochure (PDF)
Be Part of the Future of Chipmaking in Peoria
If your company operates in semiconductor packaging, equipment manufacturing, microelectronics, or advanced testing, Peoria is the location to watch. Join an ecosystem that’s poised for decades of growth, fueled by record-setting investment and a next-generation workforce.
Secure your place in the future of American chipmaking—right here in Peoria.
Contact Peoria Economic Development to learn more about:
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Available sites in Peoria Innovation Core
