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- Amkor Technology has secured $400 million in CHIPS Act funding from the US Department of Commerce for a semiconductor assembly and test (OSAT) facility in Peoria, Arizona. This facility will be the largest of its kind in the US and is part of Amkor's $2 billion investment plan. It will create 2,000 jobs and utilize advanced 2.5D technology and next-generation technologies for GPUs and AI chips. Amkor will also collaborate with various universities to develop local talent and further semiconductor innovation in the US.
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According to the 2020 US census, the population of Peoria, AZ was 172,109.
The average property price in Peoria, AZ is $490,846.
The property prices in Peoria, AZ are currently on an increasing trend.
The average rent value in Peoria, AZ is $1,894.
The average household income in Peoria, AZ is $103,265.