In addition to its potential for manufacturing sites, New York is the logical headquarters for the act’s National Semiconductor Technology Center. The multibillion-dollar Albany Nanotech Complex, affiliated with the State University of New York, is the most advanced, publicly owned, 300-millimeter semiconductor R&D facility in North America. Global industry leaders like IBM, Applied Materials Inc., Tokyo Electron Ltd., Intel Corp. and Wolfspeed Inc. collaborate every day with state engineers and scientists on technological breakthroughs, such as IBM’s recent development of the world’s first 2-nanometer chip.

