$407 million CHIPS Act package finalized for Arizona semiconductor packaging company

PHOENIX — An Arizona-based semiconductor manufacturer is getting total of $407 million to fund a new Peoria facility, according to officials.

The finalized funding to support Amkor Technology Arizona, Inc. comes from the federal government via the CHIPS and Science Act.

“This finalized agreement with Amkor brings another critical piece of the microchip supply chain back to our shores and cements Arizona’s position as a global leader in microchip packaging and innovation,” Arizona Sen. Mark Kelly said in a news release from last week…

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