ASU launches $270 million semiconductor facility in Tempe

Why it matters: Arizona has attracted more semiconductor investment since 2020 than any other U.S. state — driven mainly by Taiwan Semiconductor Manufacturing Co.'s $40 billion facilities in north Phoenix.

• ASU and other local educational institutions have been trying to ramp up their chips manufacturing programs to ensure a skilled workforce for the growing industry.

Zoom in: Applied Materials is the world's largest semiconductor manufacturing equipment provider.

• The MTF Center will accelerate "the transfer of innovations from ideation to fab prototype" by using Applied Materials' equipment, according to a press release.
• The space will allow students and faculty to work with the same 300mm equipment used in leading-edge production fabs.

What they're saying: "This is the beginning of a reconfiguration of the way to accelerate discovery and translational research outcomes in response to real world challenges and the development of next-generational processes, materials, equipment and workforce," ASU president Michael Crow said in a statement.