Sen. Chuck Schumer emphasized that conducting high-end semiconductor research at the Albany NanoTech complex is crucial for ensuring the U.S. military and economy maintain a competitive edge, stating, 'When you do the high-end research, which will be done here, and you can make the most advanced chips in the world, it makes sure that our military has the edge.'
The U.S. is aiming for 20% of the world's advanced chips as part of the Biden administration's strategy to strengthen domestic semiconductor production, as outlined in the 2022 CHIPS and Science Act.
Gov. Kathy Hochul's partnership with the semiconductor industry to finance the construction of the EUV Center aims to solidify upstate New York as a pivotal hub for semiconductor research and manufacturing.
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