As Washington battles over tariffs and supply chains, and Wall Street fixates on AI infrastructure, a new tech cluster is quietly thriving – and it’s not in Silicon Valley. It’s California’s state capital: Sacramento. The city – less than 90 miles from the Bay Area – is seeing unprecedented industry momentum (it’s home to nine global chips companies and offers 26x more semiconductor growth capital than the U.S. average). Greater Sacramento is outpacing the Bay Area in semiconductor job growth: According to the Greater Sacramento Economic Council, the region is expected to exceed state averages in GDP growth and job creation through 2026 — and is the #1 California market for semiconductor growth.

Barry Broome is President and CEO of the Sacramento Economic Council. He discusses how Sacramento is a new CA hub for tech/industry as the Bay Area remains pricy and businesses deal with continued regulations. He speaks with Carol Massar and Tim Stenovec.