Seems a bit strange that Phoenix would be a desirable place to build a fab, given how water-intensive most processes are. Yes, the water can and should be recycled... but it just seems weird to build a plant like that in one of the parts of the country that will probably never have enough fresh water, compared to other areas where they can't get it out of the way fast enough.
Is it the labor pool there that makes it attractive? Energy costs? Something about state/local subsidies?