Biden administration to establish national semiconductor technology center hub in upstate New York.
The Biden administration is making a significant investment of approximately $825 million in a new semiconductor research facility in upstate New York. This decision, championed by Senator Chuck Schumer, will establish Albany as a major hub for the National Semiconductor Technology Center. This center will focus on research and development in computer chip technology, a crucial step in revitalizing American high-tech manufacturing and reducing reliance on foreign technology sources.
The New York facility will concentrate on the intricate machinery needed for chip manufacturing, while the locations of two additional hubs dedicated to chip design and packaging will be revealed later. Senator Schumer emphasized that this investment will not only advance American chip technology but also create valuable manufacturing jobs in the region, ensuring national and economic security.
The Biden administration’s commitment to semiconductor research in Albany underscores the importance of domestic chip production and innovation in maintaining America’s technological edge. By establishing the National Semiconductor Technology Center, the government aims to strengthen the country’s position in advanced chip technology compared to global competitors like China. This initiative is a significant step towards securing America’s leadership in semiconductor manufacturing and fostering economic growth in the high-tech sector.
Source: The NY Times