SCHUMER, HOCHUL ANNOUNCE NEW YORK RECEIVES FIRST-EVER DEPARTMENT OF DEFENSE MICROELECTRONICS COMMONS HUB, DELIVERING $40 MILLION FEDERAL INVESTMENT -- FIRST MAJOR AWARD FROM SCHUMER'S CHIPS & SCIENCE ACT -- TO BOLSTER NEW YORK'S BOOMING SEMICONDUCTOR INDUSTRY AND TRAIN NEXT GENERATION OF NY'S TECH WORKFORCE TO SUPPORT AMERICA'S NATIONAL SECURITY

Press Release

"This first-ever Department of Defense Microelectronics Commons Hub award is booster fuel for the rocket that is Upstate New York's booming microchip manufacturing industry. With New York as one of the first major CHIPS awards recipients, it is clear the feds are recognizing what I have long known, New York is the home of America's semiconductor future. This $40 million Microelectronic Commons Hub will make sure research is turned into new companies and new jobs and supercharge New York's semiconductor workforce, adding new state-of-the-art lab equipment to facilities across the state, and bringing new discoveries from lab to fab. With the first major funding from my CHIPS & Science law on the way, there is no greater glowing welcome sign to say New York will be America's semiconductor superhighway. And this is just the start! From the Capital Region to Central NY to New York City, this major award from the Department of Defense will help us seize this once-in-a-generation opportunity to invest in cutting-edge semiconductor technology and to train our workers to make major chip investments in the state like Micron and GlobalFoundries' proposed expansion a success and ensure the next major breakthroughs for semiconductors are discovered here in New York State."

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