Governor Hochul Makes an Announcement at Albany NanoTech Campus

December 11, 2023 - Earlier today, Governor Kathy Hochul announced a $10 billion partnership with leaders from the semiconductor industry such as IBM, Micron, Applied Materials, Tokyo Electron, and others to establish a next-generation semiconductor research and development center at NY CREATES’ Albany NanoTech Complex. The partnership will fund the construction of a cutting-edge High NA Extreme Ultraviolet Lithography Center - the first and only publicly owned High NA EUV Center in North America - that will support the research and development of the world’s most complex and powerful semiconductors. In addition to the transformative investment in New York’s Capital Region, this partnership will make New York State home to the nation's most advanced, publicly owned semiconductor R&D infrastructure, support the long-term growth of New York’s tech economy, and create and retain thousands of direct, indirect, and union construction jobs.