Chips Act: New York Emerges as a Semiconductor Research Powerhouse

Thursday, 31 October 2024, 14:47

Chips Act initiatives are positioning New York as a pivotal hub for semiconductor innovation. A new research facility in Albany aims to transform the semiconductor landscape with $825 million in federal funding and cutting-edge technology.
Fastcompany
Chips Act: New York Emerges as a Semiconductor Research Powerhouse

Chips Act Fuels Semiconductor Research in New York

A semiconductor research facility in upstate New York has been designated as one of the nation’s leading technology centers, thanks to a substantial investment of up to $825 million as part of the Chips Act. Announced by U.S. Sen. Chuck Schumer, this initiative aims to bolster the United States' competitiveness in the semiconductor industry.

National Headquarters for Semiconductor Innovation

The Albany NanoTech complex has been singled out by federal officials to serve as the federal headquarters for pioneering research in extreme ultraviolet (EUV) lithography—an advanced semiconductor technology. This facility will house the most cutting-edge chip-making machinery available globally, facilitating collaboration between industry specialists and academic researchers.

  • Federal funding to support advanced semiconductor research.
  • Cutting-edge technology with EUV lithography.
  • Collaboration opportunities for the semiconductor industry.

This strategic move is part of a broader initiative aimed at revitalizing the semiconductor sector, ensuring that the U.S. stays at the forefront of innovation.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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