A semiconductor research facility in upstate New York has been chosen as one of three national technology centers, securing up to $825 million in funding to enhance the United States' competitiveness in the industry. The Albany NanoTech complex has been designated as the national headquarters for research on extreme ultraviolet (EUV) lithography, a cutting-edge semiconductor technology. This facility will house state-of-the-art chip-making machinery, fostering collaboration between industry researchers and their university counterparts.
The National Semiconductor Technology Center Extreme Ultraviolet Accelerator, set to commence operations next year, is a result of the 2022 CHIPS and Science Act. This initiative aims to create high-tech jobs and bolster the country's ability to rival international competitors like China. The Biden administration has set a target for the U.S. to produce 20% of the world's advanced chips.
The selection of the Albany lab as the national headquarters signifies a significant step in efforts led by government officials, including Senator Chuck Schumer, to establish upstate New York as a global hub for semiconductor research and manufacturing. Governor Kathy Hochul recently announced a partnership with the semiconductor industry to finance the construction of the EUV Center.
In further support of domestic chip production, the Biden administration disclosed plans to allocate $1.5 billion to GlobalFoundries for expanding its operations in New York and Vermont. Additionally, an agreement was reached to provide $6.1 billion in government backing to Micron Technology for the production of advanced memory computer chips in New York and Idaho.
Senator Schumer expressed confidence that these developments would position upstate New York as a leading center for semiconductor research on a global scale. The Department of Commerce is yet to reveal the locations of the remaining two national technology centers.
