×
In

ALBANY, N.Y. (AP) — A semiconductor research facility in upstate New York was selected as one of three national technology centers and will receive up to $825 million in funding as part of a broader federal effort to boost the United States’ competitiveness in the industry.

U.S. Sen. Chuck Schumer made the announcement Thursday.

The Albany NanoTech complex was selected by federal officials as the national headquarters for research into a cutting-edge semiconductor technology known as extreme ultraviolet, or EUV, lithography. The lab will have the most advanced chip-making machinery in the world and allow researchers from the semiconductor industry to collaborate with their university counterparts, according to Schumer, the Senate’s Democratic majority leader.

“When you do the high-end research, which will be done here, and you can make the most advanced chips in the world, it makes sure that our military has the edge,” Schumer said in a telephone interview. “It makes sure our economy and our companies have the cutting edge, as well,”

The National Semiconductor Technology Center Extreme Ultraviolet Accelerator is scheduled to begin operating next year. The contract for it stems from the 2022 CHIPS and Science Act, which was designed to create more high-tech jobs and help the United States compete with international rivals like China. The Biden administration has set a goal for the U.S. to make 20% of the world’s advanced chips.

The Albany lab’s selection also advances longstanding efforts by Schumer and other government officials to make upstate New York a global center of semiconductor research and manufacturing.

Gov. Kathy Hochul late last year announced a partnership with the semiconductor industry to fund construction of the EUV Center.

The Biden administration announced in February that the government would provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production north of Albany and in Vermont. And in April, the administration announced an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips near Syracuse, New York; and in Boise, Idaho.

“This is going to make upstate New York the center of semiconductor research, not just for America, but for the world,” Schumer said.

The Department of Commerce has not yet announced where the other two national technology centers will be.

Upcoming event:
Join business’s brightest minds and boldest leaders at the Fortune Global Forum, convening November 11 and 12 in New York City. Thought-provoking sessions and off-the-record discussions feature Fortune 500 CEOs, former Cabinet members and global Ambassadors, and 7x world champion Tom Brady–among many others.

See the full agenda here, or request your invitation.

Leave a Reply

Your email address will not be published. Required fields are marked *

Author

980410647@qq.com

Related Posts

In

X’s crowd-sourced ‘Community Notes’ fact checks fail to address flood of U.S. election misinformation, report says

X’s crowd-sourced fact-checking program, called Community Notes, isn’t addressing the flood of U.S. election misinformation on Elon Musk’s social media platform, according...

Read out all
In

Top election official says colleagues gave Elon Musk ‘hand-delivered’ notes to stop him from spreading misinformation

Elon Musk is accused of rampantly spreading election misinformation, and it has been a thorn in the side of election officials working...

Read out all
In

Microsoft and Alphabet’s latest earnings show once again that it’s all about the cloud

Microsoft’s cloud business played a big role in driving overall growth for the tech giant in the latest quarter, as more customers...

Read out all
In

Amazon Web Services is minting profits

Good morning, and welcome to November. On this day five years ago, Google announced that it would buy Fitbit for $2.1 billion....

Read out all
In

Countries seeking to gain an edge in AI should pay close attention to India’s whole-of-society approach

The development of artificial intelligence (AI) in the United States has followed a familiar trajectory: innovation followed by concentration. Over the last...

Read out all
In

Latino voters say they’re being targeted by AI-generated ads in Spanish with incorrect voting information—and Facebook’s model is one of the worst offenders

SAN FRANCISCO (AP) — With just days before the presidential election, Latino voters are facing a barrage of targeted ads in Spanish...

Read out all