CHIPS and Science Act

** Amkor Breaks Ground on $7 Billion OSAT Plant in Peoria, Arizona

** Amkor Technology has broken ground on its new outsourced semiconductor assembly and test (OSAT) campus in Peoria, Arizona. The $7 billion project, supported by CHIPS Act funding, will feature 750,000 sq ft of cleanroom space and create up to 3,000 jobs. Production is scheduled to begin in early 2028, with key partnerships including TSMC, Nvidia, and Apple. **CONTENT:**

Amkor Technology has officially broken ground on its new outsourced semiconductor assembly and test (OSAT) plant in Peoria, Arizona, marking a major milestone in U.S. semiconductor manufacturing expansion. The facility represents a potential $7 billion investment that will create thousands of jobs and strengthen the domestic semiconductor supply chain, supported by significant funding from the CHIPS and Science Act.

by Megan CarterOctober 13, 2025

Business Semiconductors

How the CHIPS Act Semiconductor Funding Can Benefit Workers and Communities

The bipartisan CHIPS and Science Act represents America’s largest industrial policy effort in decades, pouring billions into domestic semiconductor manufacturing. While early results show significant corporate investment, concerns remain about whether workers and communities will share in the benefits of this historic government intervention.

The United States is undertaking its most ambitious industrial policy initiative since World War II through the bipartisan CHIPS and Science Act of 2022, a multibillion-dollar effort to reshore semiconductor manufacturing and secure America’s technological future. Recent assessments from an Arizona State University conference highlight both the promise of renewed industrial capacity and serious concerns about whether these unprecedented public investments will truly benefit workers and communities rather than simply enriching already profitable corporations.