Technology & Innovation

Accelerating Technology & Innovation

As one of the nation's youngest and fastest-growing states, Arizona's pioneering spirit encourages its reputation as a hub for testing and scaling new technologies. Companies are taking note that Arizona's vibrant ecosystem is the best place to make global change.

Industry at a Glance

TOP 4

largest semiconductor and other electronic component manufacturing employment

Lightcast, 2023

TOP 4

largest technology & innovation manufacturing employment

Lightcast, 2023

$41B

total gross state product

Seidman Research Institute, fiscal year 2021

$26.3B

total annual wages
Seidman Research Institute, fiscal year 2021

Arizona Success Stories

Quotation Mark

"Two years after relocating Moov to [Arizona], I can say that this was one of the best decisions we have made as a company."
- Steven Zhou, Moov Co-Founder and CEO 


MOOV

Moov

Due to rising costs in the bay area, Moov Technologies saw Arizona as an opportunity to support the rapidly expanding semiconductor industry as a secondary market for semiconductor manufacturing equipment. The state's pro-business climate and rich startup culture attract global giants as well as emerging tech leaders. With corporate and individual taxes among the lowest in the country, Arizona makes it efficient to start, operate and grow a business.

Innovation Ecosystem

Arizona is the best state in the nation for entrepreneurship, innovation and emerging technology. With a future-forward leadership team, Arizona continues to lead in creating an innovation-driven economy.

Innovate

Pro-Innovation Policies

Arizona is the best state in the nation for entrepreneurship, innovation and emerging technology. With a future-forward leadership team, Arizona continues to lead in creating an innovation-driven economy.

Policy

Tech Talent

New ideas are embraced in Arizona. Tech talent in the state benefit from public-private partnerships that enhance learning opportunities and develop skills for the jobs of the future.

 

Talent

Doing Business in Arizona

Contact us to receive one-on-one expansion and relocation services.

4/17/2024

XNRGY Breaks Ground On Manufacturing Facility And U.S. Headquarters In Mesa

MESA, AZ (April 17, 2024) – XNRGY Climate Systems (“XNRGY”), a North American leader in sustainable HVAC solutions, celebrated the groundbreaking of its new state-of-the-art manufacturing facility and U.S. headquarters in Mesa, Arizona on April 16. The event marks the beginning of a major expansion for XNRGY, solidifying its commitment to the U.S. market and sustainable climate control solutions. The facility is expected to commence operations in Q1 2025, creating over 900 new jobs.

LEARN MORE »
4/8/2024

TSMC Arizona and U.S. Department of Commerce Announce Up To $6.6 Billion In Proposed CHIPS Act Direct Funding

PHOENIX, AZ (April 8, 2024) TSMC announced that the U.S. Department of Commerce and TSMC Arizona have signed preliminary terms for up to $6.6 billion in direct funding under the CHIPS and Science Act. TSMC also announced plans to build a third fab at TSMC Arizona, leveraging the most advanced semiconductor process technology in the United States, bringing TSMC’s total investment to more than $65 billion and creating 6,000 new jobs. 

LEARN MORE »