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

flag 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. flag This investment aims to boost Upstate New York's position as a leader in semiconductor research, creating jobs and fostering economic growth. flag The funds will develop Albany NanoTech's research capabilities and support the establishment of the NSTC presence locally. flag Governor Kathy Hochul sees this as a pivotal step for New York's advanced manufacturing industry.

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