Arm Inc Creates Jobs With Expansion in Right to Work Texas
Arm Inc plans to create over 320 new jobs in Right to Work Austin, Texas, as a result of an expansion here. In order to accomplish this, the company is investing over $71 million in the project.
From Area Development Magazine:
“Austin is home to Arm’s largest U.S. site and is a rapidly growing center for advanced chip design. […] This investment from the Governor’s Office accelerates that momentum and strengthens Texas’ position as a global semiconductor leader. We’re expanding our labs, strengthening our capabilities, and creating hundreds of new roles — building the future of computers and AI in the U.S. and developing the next generation of semiconductor talent.” […]
“Texas is where the world innovates. […] This $71 million expansion of Arm’s engineering and innovation hub in Austin will create hundreds of skilled jobs and enhance Texas’ leadership in semiconductor design and manufacturing. Partnering with industry leaders, Texas is investing in the tech advances of tomorrow – today.”
To read the previous economic update on Right to Work states, click here.