New York and IBM invest another $300 million

New York and IBM invest another $300 million to renew the commitment to the Center for Semiconductor Research (CSR), extending the agreement for research and development for another seven years.

IBM and New York leaders announce the Computer Chip Hybrid Integration Partnership

IBM and New York leaders announce a new commitment at the Albany NY CREATES location to support a $125 million packaging facility – the Computer Chip Hybrid Integration Partnership (CHIP).  The new program will advance innovation, education and commercialization of computer chips in upstate New York.  The Albany research center will partner with companies such as IBM and SEMATECH to develop “system on a chip” (SOC) technologies.

Advanced Micro Devices (AMD) has committed to building state of the art chip fabrication plant in nearby Malta, at the Luther Forest Technology Campus.

NYS and industry leaders announce major commitment at NY CREATES Albany Headquarters that Advanced Micro Devices (AMD) has committed to building state of the art chip fabrication plant in nearby Malta, at the Luther Forest Technology Campus.  With NYS investment of more than $1.2 billion, AMD agrees to invest $2 billion and create 2,000 jobs at the site.

At the announcement, industry leaders tout New York’s ongoing investment in the people, programs, research, and facilities at what is now NY CREATES as the major driver of the investment.  AMD spun off their manufacturing shortly after this announcement to create GLOBALFOUNDRIES.  The chip fab investment driven by this initiative has resulted in more than $20 billion in direct investment in New York by GLOBALFOUNDRIES.  The company currently employs more than 3200 at their site in Malta and recently celebrated their 10th anniversary of operations.

International SEMATECH announces it will establish its next generation 300 millimeter computer chip research and development program at the Center of Excellence in Nanoelectronics at the Albany site.

With a major investment by New York State and industry partners, International SEMATECH announces it will establish its next generation 300mm computer chip research and development program at the Center of Excellence in Nanoelectronics at the Albany site.  This investment includes $400 million in State and Industry support over five years, consisting of $210 million from the State and $193 million from International SEMATECH and its member companies, including IBM. This collaborative investment by the State and industry set the stage for later relocation from Austin to Albany.