New York state has entered into a $10 billion partnership with several semiconductor industry leaders to establish research and manufacturing in the state, creating at least 700 jobs in the process.
Governor Kathy Hochul said the collaboration, which includes the likes of IBM, Micron, and Applied Materials, should send the message that the state is “open for business.”
“From our Green CHIPS legislation to Micron’s historic investment and the creation of GO-SEMI, we’re building the future of semiconductor research right here in New York,” Hochul said. “This industry is creating real opportunity in our state with major regional investments, countless new jobs, and bold commitments to workforce development and sustainability, and my administration will keep working with elected and industry leaders to make New York a global chipmaking superpower.”
