Arizona has quickly become an epicenter for electric vehicles and self-driving technologies and is now home to three large new semiconductor factories as the US struggles to increase production during the global chip shortage.

The Arizona Commerce Authority said it helped 634 companies relocate or expand in Arizona between 2015 and 2020. Big names include Intel, Taiwan Semiconductor Manufacturing Co., and electric vehicle manufacturers Lucid Motors, ElectraMeccanica, Nikola, and Atlis Motor Vehicles.

In 2020, Phoenix drew more residents than any other US city for the fourth straight year as highly skilled remote workers flocked to the lower cost of living and the vast open spaces of Grand Canyon State.

Watch the video to hear from Governor Doug Ducey, big corporations, and Arizonans why the tech boom is happening and how it’s changing the state.