The Albany NanoTech complex will get up to $825 million to boost U.S. advanced chip production.
The Albany NanoTech complex in New York will receive up to $825 million in federal funding from the 2022 CHIPS and Science Act. This investment aims to establish the site as the national center for extreme ultraviolet (EUV) lithography, vital for advanced chip production. The project seeks to create high-tech jobs and strengthen the U.S. position in the global semiconductor market, supporting the goal of producing 20% of the world's advanced chips.
2 months ago
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