CNBC Television
@CNBCtelevision·3.4M subscribers·157.5K videos
Why Arizona Is Becoming A Hotbed For Tech
Posted
May 13, 2021
Views
1,453,191
Likes
15,793
Comments
2,608
Engagement
1.27%
May 13, 2021
1,453,191
15,793
2,608
1.27%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
20:35Now PlayingArizona has rapidly become an epicenter for electric vehicle and self-driving tech, and it’s now the site of three big new semiconductor factories as the U.S. struggles to increase production during the global chip shortage.
The Arizona Commerce Authority says it helped 634 companies relocate or expand in Arizona between 2015 and 2020. Big names include Intel, Taiwan Semiconductor Manufacturing Co. and electric vehicle companies Lucid Motors, ElectraMeccanica, Nikola and Atlis Motor Vehicles.
In 2020, Phoenix attracted more residents than any other U.S. city for the fourth year in a row, as highly skilled remote workers flocked to the lower cost of living and wide open spaces of the Grand Canyon State.
Watch the video to hear from Gov. Doug Ducey, big companies, and Arizonans about why the tech boom is happening and how it’s changing the state.
» Subscribe to CNBC
» Subscribe to CNBC TV
» Subscribe to CNBC Classic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news
Follow CNBC on LinkedIn
Follow CNBC News on Facebook
Follow CNBC News on Twitter
Follow CNBC News on Instagram
Subscribe to CNBC PRO
#CNBC
Why Arizona Is Becoming A Hotbed For Tech
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
