Biden Administration Invests $825 Million in Albany Semiconductor R&D Facility
The new center aims to advance EUV technology and strengthen the U.S. semiconductor supply chain.
- The Albany NanoTech Complex in New York will host the new CHIPS for America Extreme Ultraviolet Accelerator, funded by the CHIPS and Science Act.
- This facility is part of a broader strategy to maintain U.S. leadership in semiconductor technology and reduce dependency on foreign sources.
- The investment is expected to boost innovation in EUV lithography, critical for producing advanced semiconductors.
- The project will also focus on developing a skilled workforce to support the semiconductor industry's growth in the U.S.
- The facility is scheduled to begin operations in 2025, with advanced EUV systems expected to be available by 2026.
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