Why Everyone Is Flocking To North Carolina's Tech Hub

CNBC

North Carolina’s Research Triangle - the area between Chapel Hill, Raleigh and Durham - has become one of the country's fastest growing tech hubs largely thanks to its access to talent from some of the top universities in the country (Duke, North Carolina at Chapel Hill and North Carolina State) and low cost of living. The state’s pro-business environment and low taxes have attracted tech giants like Meta, Apple and Amazon investing billions in the area. In 2024, the state was ranked second on CNBC's America's Top States For Business list. Chapters: 1:33 Chapter 1. The rise of a region 5:27 Chapter 2. A pro-business state 9:10 Chapter 3. Downsides Produced and Shot by: Natalie Rice Edited by: Evan Lee Miller Additional Camera: Darren Geeter Senior Managing Producer: Tala Hadavi Narration by: Robert Ferris Animation: Jason Reginato Additional footage: Duke University, Getty Images, AP Photo, NBC News Additional sources: Redfin, Research Triangle Park Additional Editorial Support by: Emily Lorsch » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to master your money this fall? Sign up for CNBC’s new online course. We’ll teach you practical strategies to hack your budget, reduce your debt, and grow your wealth. Start today to feel more confident and successful. Use code EARLYBIRD for an introductory discount of 30% off, now extended through September 30, 2024, for the back-to-school season: https://cnb.cx/3WiasGB Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC Why Everyone Is Flocking To North Carolina's Tech Hub