Senator Schumer secures $825M for Albany NanoTech as the first National Semiconductor Technology Center.

Senator Chuck Schumer has secured a $825 million federal investment for Albany NanoTech to become the first National Semiconductor Technology Center (NSTC) under the CHIPS & Science Law. This investment aims to boost Upstate New York's position as a leader in semiconductor research, creating jobs and fostering economic growth. The funds will develop Albany NanoTech's research capabilities and support the establishment of the NSTC presence locally. Governor Kathy Hochul sees this as a pivotal step for New York's advanced manufacturing industry.

2 months ago
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