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Arizona industry leaders launch first-of-its-kind National Semiconductor Economic Roadmap

Joe Pitts — Wed, 29 Sep 2021 19:19:04 +0000

The Arizona Commerce Authority announced the formation of the National Semiconductor Economic Roadmap on Tuesday. Tasked with furthering collaboration between private industry, the public sector, and higher education “to future-proof semiconductor manufacturing in the United States,” the Roadmap is a first-of-its-kind endeavor.

Citing the surging global demand for semiconductors and microchips, stakeholders involved in the project — including the ACA, Intel, and Taiwan Semiconductor Manufacturing Company (TSMC) — believe that there must be more attention paid to the semiconductor industry.

“Today more than ever, we see the strategic importance of a robust U.S. semiconductor industry,” Intel CEO Pat Gelsinger said. “Fostering deeper partnerships with our research institutions, universities, defense institutions, state leaders, and more will be critical to our long-term economic and national security, and we are pleased to join this worthwhile effort.”

TSMC Arizona’s CEO and President Rick Cassidy said there are particular elements essential to a thriving semiconductor sector.

“A thriving semiconductor ecosystem requires solid infrastructure, a comprehensive supply chain, and a steady inflow of talented and dedicated people,” he said.

Both Intel and TSMC recently made historic investments in the state and their semiconductor manufacturing operations.

A national strategy. Industry-led. We’re finding the answer.⁰⁰The ACA is proud to join semiconductor industry leaders and stakeholders to launch the National Semiconductor Economic Roadmap, an effort to boost U.S. semiconductor competitiveness.
— Arizona Commerce Authority (@azcommerce)

Arizona’s semiconductor boom

Intel this month officially on a new chip-making operation in Chandler, a $20 billion investment that is the largest single-time investment in Arizona to-date.

“We want to have Arizona and Intel be the unquestioned leaders for the world’s supply of leading-edge semiconductors,” Gelsinger said.

TSMC is building a $12 billion chip-making factory in north Phoenix. The company as many as six factories at the Arizona site over the next decade.

Several factors have contributed to Arizona’s growing semiconductor manufacturing operations, including its welcoming business environment characterized by favorable tax rates, a lighter regulatory burden than neighboring states like California, and world-class universities.

Federal policies aimed at encouraging chip-making have also drawn companies to break new ground, though the surging demand for semiconductors already showed the market that more manufacturing capacity was desperately needed.

“Today’s groundbreaking ushers in a new landscape for Arizona semiconductor production, ” Gov. Doug Ducey at the Intel groundbreaking ceremony.

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Intel volunteers log 100,000 hours, raise $1 million for education

Victoria Harker — Wed, 24 Jun 2020 17:00:00 +0000

Intel employees and retirees in Arizona volunteered 100,000 hours at schools and nonprofits last year, refurbishing computers, coaching student robotics’ teams, reading stories about technology and science in the classroom, and more.

Now, a $10 match for every hour they volunteered is being given to those same schools and organizations to help Arizona students succeed. A total $1 million is being matched by the technology manufacturing giant’s nonprofit Intel Foundation.

More than 300 schools and nonprofit organizations statewide are starting to receive the funding, said Linda Qian, communications manager for the that operates one of its largest global manufacturing sites in Chandler.

Grants range from hundreds to tens of thousands of dollars, Qian said about the annual fundraising effort. This year, about a third of the company’s 12,000 Arizona employees participated.

“Many nonprofits from around the state truly depend on the funding and the volunteering to support their efforts to help our students,” she said.

Chandler schools, nonprofits among top recipients

Among the top recipients of the grants are the Chandler Unified School District, Chandler Service Club, Education Empowers, Joe Jackson Foundation, Si Se Puede Foundation, AZStRUT, and Arizona State University Foundation.

Several recipients said they plan to use the grants for technology, equipment and other tools to help students succeed, particularly in science, technology, engineering and math.

With many students working from home during the pandemic, there is greater need for technology, they said.

Need for technology for schools and youth organizations

Grant recipient AZStRUT, which refurbishes donated technology for public schools and other nonprofits, has seen a significant rise in requests, Executive Director Tom Mehlert said.

“This year, our efforts are focused on refurbishing laptops going to Title I schools and their families. These funds will be used to purchase replacement parts for these computers,” he said.

Another recipient, Education Empowers, which promotes STEM education for children through robotics and activities, is using the funding to purchase robotics equipment and parts, said Anna Prakash, a senior engineer at Intel who founded the organization.

“We have programs at more than 50 locations, including free workshops for Girl Scouts, so students all across the Phoenix metro-area will benefit from this funding,” Prakash said.

Dr. Camille Casteel, superintendent of the Chandler school district, said that the timing of the grants is particularly critical right now.

“It takes the strength of the entire community to educate and empower our students. We are thrilled to have the support of many Intel employee and retiree volunteers, as well as this grant, to further our mission,” Casteel said.

Forty years of innovation and economic impact

Intel first established operations in Chandler 40 years ago. Today, Intel’s operations in Arizona are some of the company’s most diverse. The Ocotillo fabrication facility manufactures on 22nm, 14nm, and 10nm technology, some of the world’s most advanced manufacturing processes.

Year after year, the corporation is ranked at or near the top as the largest semiconductor vendor in the world. In Arizona, Intel delivers an annual economic impact of $8.3 billion.

As part of its stated purpose, the corporation supports global education and sustainability. For more information, go to: .

Intel by the numbers in Arizona

• 12,000 employees

• $8.3 billion annual economic impact

• $23 billion in capital investments

• $4.5 billion annual spend with Arizona-based organizations

• 690 million gallons of water to be restored annually through

community-based projects

• $33.8 million in donations to Arizona schools and nonprofits since 2015

• More than 700,000 employee volunteer hours at schools and nonprofits since 2015

(Source: ASU, W.P. Carey School of Business, Seidman Research Institute, 2019)

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Intel Capital announces $117 million of new investments in 14 ‘disruptive’ tech startups

Graham Bosch — Tue, 16 Apr 2019 16:30:20 +0000

Intel Capital, Intel Corporation’s global investment organization, announced $117 million of investments at the in Phoenix, adding 14 “disruptive” tech startups to its ever-growing portfolio of data-centered companies from around the world.

“At Intel, we’re focused on pushing the boundaries of technology to make amazing experiences possible,” an Intel Capital spokesperson said. “Each of these new portfolio companies is pushing disruptive technologies that advance key areas of focus for Intel.”

New investments continue to signal Intel Corporation’s transition into a data company, shaking up the startups’ respective industries and supporting the advancement of technology intended to improve health, convenience and quality of life for consumers.

“We’ve invested behind new applications of technology, with a shift from manufacturing to service-based solutions, such as smart health care, service robots and AI,” the spokesperson said. “Other investments include IoT, (robotics, drones, connected cars), as well as datacenter hardware and software.”

Intel Capital’s mission is two-fold: create a return on investment for Intel shareholders and support Intel Corporation’s strategic objectives and break ground on new tech.

“Intel has driven disruption for the last 50 years, changing the way we live by making compute ubiquitous,” said Wendell Brooks, president of Intel Capital and senior vice president of Intel Corporation, at the summit. “Intel Capital is continuing that legacy of disruption with these investments. These companies are shifting the way we think about artificial intelligence, communications, manufacturing and health care — areas that will become increasingly essential in coming years as the linchpins of a smarter, more connected society.”

Intel Corporation set up shop in Arizona in 1979, beginning operations in Chandler the following year. Today, the company has more than 10,000 , manufacturing microprocessors that power data centers and hundreds of millions of devices worldwide.

The company’s annual economic impact in Arizona is about $5.3 billion, according to a 2013 study by Arizona State University.

Intel Capital launched the Intel Capital Diversity Initiative in 2015 to provide diverse startups access to Intel Capital’s business development programs, global network, technology expertise and brand capital.

More than 10 percent of the portfolio is now led by entrepreneurs from underrepresented communities, which Intel Capital believes is “an essential part of making the tech industry more inclusive for everyone’s benefit,” the spokesperson said.

In 2018, Intel Capital invested $391 million in 89 companies, 22 percent of which were made in diverse companies. Four companies completed Initial Public Offerings (IPOs) and 14 were acquired.

Intel Capital has invested $12.4 billion in 1,544 companies in 57 countries since 1991, and in that time 670 companies in the organization’s portfolio have gone public or participated in a merger.

“In recent years, Intel Capital has typically invested between $300 million to $500 million annually,” the spokesperson said. “At the same time, we’ve been making fewer new investments each year. Making fewer, bigger investments lets us take more meaningful stakes in companies and play a more relevant role in helping them grow and succeed.”

According to Intel Capital, the organization has paid attention to artificial intelligence (AI) for at least five to six years, including machine learning, cognitive computing and more. AI has been one of the most important areas of focus for Intel as the company sets out to “build the future” under its “virtuous cycle of growth” strategy.

This year’s investment recipients comprise a variety of unique new businesses from California, Texas, Canada, the United Kingdom, China and Israel.

“Our continued goal is to leverage the global resources and expertise of the world’s greatest engineering company, and its ecosystem of customers and partners, to help these founders accelerate growth and innovation,” Brooks said.

The 2019 Intel Capital Global Summit invited more than 600 entrepreneurs, venture capitalists and Global 2000 business leaders to spend three days networking and company-building.

Here are Intel Capital’s disruptive startups for 2019:

(Shanghai, China)
(Palo Alto, California)
(Houston, Texas)
(Palo Alto, California)
(Cupertino, California)
(Santa Clara, California)
(Guildford, United Kingdom)
(Haifa, Israel)
(Roseville, California)
(San Diego, California)
(Palo Alto, California)
(Petaluma, California)
(Toronto, Ontario, Canada)
(Zhuhai, China)

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