How Arizona became a hotbed of electric vehicle and microchip manufacturing
Arizona 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. In 2020, Phoenix attracted more residents than any other U.S. city for the fourth year in a row. CNBC asked Gov. Doug Ducey, Arizonans, and big companies like Intel and Lucid Motors why the tech boom is happening and how it's changing the state.
Fri, May 14 20219:59 AM EDT