Tech
Why Phoenix Became A Hot Spot For Tech Companies
While cities like Austin, Texas have garnered attention for drawing tech companies away from Silicon Valley, another hub is emerging as a major power player — Phoenix, Arizona. The fifth largest U.S. city has been a longtime hub for aerospace and defense, now it’s becoming an epicenter of semiconductor manufacturing and autonomous vehicles. Taiwan Semiconductor Manufacturing Company recently completed the most advanced chip fab on U.S. soil and has pledged to invest $65 billion in the area. The city is also where Waymo launched its commercial robotaxi service, and now it’s the new home of Amazon’s long-awaited Prime Air drone delivery service. CNBC’s Kate Rooney goes behind the scenes of Amazon’s cutting-edge drone delivery operation and explores how Phoenix became a hot spot for tech companies.
Chapters:
0:00 Introduction
2:22 Post WWII boom
4:21 Rise of the Silicon Desert
8:48 Autonomous vehicles
10:54 Amazon drone delivery
13:21 Looking ahead
Produced, Shot and Edited by Andrew Evers
Reporter Kate Rooney
Field Producer Kevin Schmidt
Senior Director Jeniece Pettitt
Additional Reporting and Production Katie Tarasov
Additional Camera Jacob Jimenez
Animation Jason Reginato
Additional footage: Waymo, Amazon, TSMC, Honeywell, Getty Images, Intel
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Why Phoenix Became A Hot Spot For Tech Companies
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Before Apple’s record run to $1 trillion on Thursday, the tech sector was in trouble. Here’s what 11 experts had to say about the tech sector’s up-and-down week.
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Jeremy Allaire, Circle co-founder and CEO, discusses the factors he believes are driving bitcoin’s record rally.
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The Department of Energy is investing $500 million in U.S. battery companies to challenge China’s dominance. But with $24 billion in projects already canceled since the administration first came into office, industry experts say closing the gap will be difficult.
Chapters:
00:00 Introduction
01:07 Chapter 1: China’s dominance
04:05 Chapter 2: Gaps and slowdowns
Produced by: Robert Ferris
Edited by: Marisa Forziati
Animations: Andrea Schmitz, Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, Natalie Rice, Lilac Solutions
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How Much It Will Take To Challenge China’s Battery Dominance
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Delaware County, Pennsylvania, and Maricopa County, Arizona, have adopted policies addressing employee prediction market activity. Officials say the rules are meant to prevent financial conflicts, protect workers from allegations and reassure voters, not respond to evidence that election workers have used the markets. CNBC’s Ananya Chetia reports on how prediction markets are prompting new safeguards and raising questions about nonpublic information and voter trust.
Chapters:
0:00 Introduction
1:30 Potential conflicts
4:03 Prediction markets
7:18 Influencing elections?
Produced by: Charlotte Morabito
Reporter: Ananya Chetia
Edited by: Andrea Miller, Darren Geeter
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
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Why Election Officials Are Worried About Prediction Markets
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