$10 Billion Partnership To Bring Next-Generation R&D Center To NY Creates’ Albany Nanotech Complex

Albany NanoTech Will House North America’s First and Only Publicly Owned High NA Extreme Ultraviolet Lithography Center – Bringing the Future of Advanced Semiconductor Research and manufacturing to New York’s Capital Region

The project Will Unlock Transformative Benefits Including Thousands of New Direct, Indirect, and Union Construction Jobs and Strong Commitments to Workforce Development and Sustainability 

Partnership Includes Significant Private Investment From IBM, Micron, Applied Materials, Tokyo Electron, and Other Industry Leaders That Will Integrate Cutting-Edge Chipmaking Technology into Their R&D Efforts 

Builds on Governor Hochul’s Agenda to Establish a Global Hub for Semiconductor Manufacturing and Innovation Upstate

Governor Kathy Hochul today 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.

“This $10 billion partnership to bring innovative chips research to the Capital Region should send a message to the entire industry: New York is open for business,” Governor Hochul said. “From our Green CHIPS legislation to Micron’s historic investment and the creation of GO-SEMI, we’re building the future of semiconductor research right here in New York. This industry is creating real opportunity in our state with major regional investments, countless new jobs, and bold commitments to workforce development and sustainability. My administration will keep working with elected and industry leaders to make New York a global chipmaking superpower.”

Under this new initiative, NY CREATES will acquire and install a High NA EUV lithography tool, designed and manufactured by ASML, at its Albany NanoTech Complex, where industry partners including Micron, IBM, Applied Materials, Tokyo Electron, and others will use the most advanced semiconductor equipment ever made. Once built, New York’s High NA EUV Center will position the state as a destination for research and development of the innovative chip technology that powers nearly every smartphone, tablet, laptop, and computer server today. The Center will also foster international partnerships as world-renowned research organizations expand their presence here, drawing businesses from around the globe. 

In addition, this partnership will significantly enhance New York State’s position as a leading candidate to secure anchor hub status under the federal National Semiconductor Technology Center, a designation with the potential to unlock more than $11 billion in federal CHIPS and Science Act funding. 

Read the full press release here.