Communications of the ACM
New York Plans to Invest $1 Billion to Expand Chip Research
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
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