(WNY News Now) – Governor Kathy Hochul celebrates a transformative economic surge driven by strategic investments in semiconductor manufacturing, positioning New York as a national leader in advanced technology.
ALBANY, NY — In a statement released today, Governor Kathy Hochul underscored New York State’s pivotal role in revitalizing U.S. semiconductor manufacturing, powered by federal and state initiatives. Highlighting the Biden-Harris Administration’s CHIPS and Science Act alongside New York’s Green CHIPS Act, Hochul declared the Empire State a central player in the nation’s advanced manufacturing renaissance.
“Since I became Governor, I’ve been laser focused on putting more money in the pockets of working New Yorkers, and that starts with making sure everyone can access a good paying job. Thanks to the Biden-Harris Administration’s CHIPS & Science Act, our advanced manufacturing sector is roaring back to life. And because of the nation-leading Green CHIPS Act I signed into law, these chips won’t just be made in America –– they’ll be made right here in New York. This is all possible because of the unprecedented partnership between New York State and our federal partners, including President Biden, Secretary Raimondo, Senator Schumer and Senator Gillibrand.
“From Micron’s investment in Central New York, to the Buffalo-Rochester-Syracuse (NY SMART I-Corridor) Tech Hub and Albany’s brand-new designation as a National Semiconductor Technology Center facility, we are building a semiconductor highway along the I-90 corridor from Albany to Buffalo bringing with it good paying jobs and transforming our economy. By 2030, 1 in 4 U.S.-made chips will be produced in Upstate New York, making the region the country’s leading hub for semiconductor manufacturing. New York is officially Chips country, but the best is yet to come.
“Growing up in Western New York, I’ve seen how the decline of manufacturing hollowed out previously vibrant communities across Upstate. We’re reversing that trend because of smart, targeted investments that will create tens of thousands of jobs and billions in economic activity. Today’s finalized agreement between Micron and the Biden-Harris Administration is just the beginning of what we’ll accomplish together.”
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