The Biden administration is investing $825 million in a new semiconductor research facility in Albany, New York, focusing on revitalizing American high-tech manufacturing.
Senator Chuck Schumer emphasized that this investment would cement U.S. leadership in advanced chip technology over China and significantly boost local manufacturing jobs.
Schumer described the New York facility as historic, stressing its potential to enhance national security and economic security for the country.
The National Semiconductor Technology Center in Albany will be part of a broader effort to reduce reliance on foreign technology and support chip R&D.
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