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Why tech companies like Amazon, Google and TSMC are flocking to Phoenix

1. Phoenix is emerging as a tech hub for semiconductors and self-driving cars. 2. TSMC plans to invest $65 billion in Phoenix, creating 62,000 jobs. 3. Amazon received approval to scale its drone deliveries, aiming for 500 million annually. 4. Phoenix's favorable business environment and talent pool attract tech companies.

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FAQ

Why Bullish?

Amazon's expansion into drone delivery indicates growth potential and operational advancements.

How important is it?

The growth of tech in Phoenix directly supports Amazon's logistics and delivery capabilities.

Why Long Term?

Investment in drone technology and facilities can provide sustained revenue over time.

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