Sign In

Communications of the ACM

ACM News

New York Plans to Invest $1 Billion to Expand Chip Research

View as: Print Mobile App Share:

Micron, the only American maker of chips used to store data, said it will spend up to $100 billion over a decade or more to develop a new manufacturing site near Syracuse.

Credit: Steve Helber/Associated Press

Gov. Kathy Hochul of New York announced on Monday a plan to invest $1 billion to expand chip research activities in Albany, N.Y., as the state aims to continue as a global semiconductor center.

The plan is expected to create 700 new permanent jobs and retain thousands more, and includes the purchase of a new version of one of the world's most expensive and sophisticated manufacturing machines, along with the construction of a new building to house it.

At an event in Albany, Gov. Hochul positioned the investment as a national priority. "The Chinese are attempting to dominate this industry," she said. "We have no intention of letting that happen."

From The New York TImes
View Full Article



No entries found

Sign In for Full Access
» Forgot Password? » Create an ACM Web Account