Commerce Department announces $825M investment in N.Y. semiconductor center

31 Oct 2024, 13:14 by Clyde Hughes · UPI

Oct. 31 (UPI) -- The Commerce Department announced Thursday an $825 million investment for a semiconductor center in New York, further expanding the country's efforts to create a domestic technology supply chain.

The department and Natcast, the operator of the National Semiconductor Technology Center, said the new research and development facility will be built in Albany.