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Phoenix is emerging as the city of the future (www.axios.com)

submitted 2 years ago by [email protected] to c/[email protected]

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"The broad attention is showing the world what local leaders have spent the past half-century trying to prove: This desert city can be a major player in global tech and manufacturing."

But putting the water shortage in the very last sentence of the story? Seems like burying the lede.

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[–] Summarizer 1 points 2 years ago

This is a summary of the posted article (I'm a bot).

Phoenix has attracted more semiconductor investment since 2020 than any other U.S. state, driven by Taiwan Semiconductor Manufacturing Co.'s $40 billion facilities in north Phoenix. Five EV manufacturers have set up shop in Arizona since 2016, per the Arizona Commerce Authority. Government and business leaders pledged to diversify Phoenix's construction-based economy after it collapsed during the 2008 housing crash. The city is facing big city problems like housing affordability for the first time — plus the increasingly dire challenge of water security.

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