"A new investment from IBM and Intel is expected to bring hundreds of new jobs to the Capital Region.
Following a call with the CEOs of the two companies, the office of Senator Chuck Schumer said the companies are planning a major investment in the domestic semiconductor industry that will add jobs to IBM’s research center in Albany, as well as research and industry partners in the area.
“The Capital Region is the perfect place to conduct semiconductor R&D and expand the country’s leadership in competitiveness in next generation chip research and manufacturing,” Schumer said in the announcement. “IBM and Intel’s historic collaboration will not only help shore up our domestic production of semiconductor technology, but it also positions Upstate New York for even more semiconductor manufacturing jobs, a point I made to the Intel CEO as they consider building out their manufacturing operations.”
More here:
https://www.bizjournals.com/albany/n...bs-albany.html