Mexico is emerging as a key player in the semiconductor and technology industries, with both local and foreign companies ramping up investments. One of the largest tech giants, Amazon, announced plans to invest $6bn in the country by 2026, creating over 50,000 jobs. These investments are expected to strengthen sectors like e-commerce, logistics, and cloud services, while also empowering small businesses through training and educational initiatives.

Amazon's expansion highlights Mexico's growing importance in the global supply chain, particularly as companies look to increase their presence there. With new distribution centres in Nuevo León and Jalisco, the company is set to enhance logistics, benefiting the overall economy. Additionally, the leading online retailer is investing heavily in sustainable practices, incorporating electric vehicles into its delivery fleet and reducing single-use plastics.

Mexico’s role in the semiconductor industry is also growing, with government efforts to enhance fiscal incentives to attract foreign capital. The country is working on a programme to offer support to semiconductor manufacturers, similar to the US CHIPS Act, aimed at boosting the local production of electronic components. This move is part of a broader plan to position Mexico as a regional leader in advanced manufacturing, with the northern state of Chihuahua already leading the way in electronics exports.

The nearshoring trend is also driving investment in Mexico, with companies like Taiwan-based Foxconn and US chip behemoth Intel planning to shift part of their production to the country. Foxconn is set to replace imports with locally made products, while Intel has committed to increasing local manufacturing for specific components.

These developments are part of Mexico's broader strategy to attract tech and manufacturing investments, bolstered by collaboration with the United States. With a focus on semiconductors, digital infrastructure, and sustainable practices, Mexico is positioning itself as a key hub for the future of technology and innovation in Latin America.