Semiconductor research and development will get a $10 billion boost in New York State, with an announcement Monday morning of what is being touted as the first and only publicly owned new High NA Extreme Ultraviolet Lithography Center in North America.
The effort is a partnership between the state of New York, Intel, Micron, Applied Materials, Tokyo Electron and others. New York is investing $1 billion and the project is expected to create at least 700 new direct jobs and retain “thousands” of jobs, according to the office of New York Governor Kathy Hochul, as well as leveraging at least $9 billion in private spending and investment.
