New York Invests $10 Billion in Cutting-Edge Chip Research Complex

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Source: The Wall Street Journal
New York Invests $10 Billion in Cutting-Edge Chip Research Complex
Photo: The Wall Street Journal
TL;DR

New York state is partnering with chip companies to invest $10 billion in a semiconductor research facility at the University at Albany's Albany NanoTech Complex. The project aims to create 700 jobs and will feature advanced chip-making equipment from ASML Holding, a Dutch company known for its high-cost machines crucial in producing cutting-edge chips.

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