ALBANY, N.Y. (NEWS10)—New York will be the home to the first semiconductor technology center in the country.
“It’s a landmark day for the Captial Region, for New York, and for the United States of America,” said Senator Chuck Schumer.
The first National Semiconductor Technology Center will be located at the Albany Nanotech complex, an $825 million dollar initial federal investment for chip research and development.
“The initial $825 million will build out the equipment for Albany Nanotech’s EUV research,” explained Schumer. “EUV stands for extreme ultraviolet lithography. This is one case where extreme is good. This is some of the most advanced technology in the world and critical to all semiconductor manufacturing.”
For years, federal and state money has been allocated to help establish New York as a hub for chip manufacturing. Just last month, $4.7 million dollars from the federal government was announced for workforce training associated with Albany Nanotech. But it’s not just the Capital Region seeing investments in the industry.