Laurie E. Locascio Director of NIST and the Under Secretary of Commerce for Standards and Technology | Official Website
The Department of Commerce and Natcast have announced that the Albany NanoTech Complex in Albany, New York, operated by NY CREATES, will host the first CHIPS for America research and development flagship facility. This new facility, known as the CHIPS for America Extreme Ultraviolet (EUV) Accelerator, is expected to receive an estimated $825 million in federal investment. It aims to advance EUV technology and semiconductor R&D.
Secretary of Commerce Gina Raimondo stated, "With this first proposed flagship facility, CHIPS for America is providing access to cutting-edge research and tools to the NSTC and its launch represents a key milestone in ensuring the United States remains a global leader in innovation and semiconductor research and development." She emphasized that this initiative is part of President Biden's Investing in America agenda to strengthen the U.S. semiconductor supply chain.
National Economic Advisor Lael Brainard remarked on the investment's significance: "This $825 million investment from the Biden-Harris Administration will cement Albany's leadership as a world-class hub for entrepreneurs, researchers, and engineers in semiconductor innovation and R&D."
The EUV Accelerator will focus on essential technologies like EUV lithography necessary for producing smaller, faster microchips. Laurie E. Locascio of NY CREATES highlighted their role: “With two decades of proven experience fostering effective public-private partnerships...NY CREATES is uniquely positioned to support the NSTC’s mission.”
Natcast CEO Deirdre Hanford noted their commitment: “The CHIPS for America EUV Accelerator underscores our commitment to developing and advancing next-generation semiconductor technologies here in the U.S.”
Natcast and NY CREATES plan initial operations at the EUV Accelerator by 2025. They aim to facilitate collaboration among NSTC members on vital semiconductor R&D activities. The organizations have signed a nonbinding Memorandum of Understanding with plans for a final contract term of 10 years.
Further details about additional facilities under CHIPS for America are expected soon from Natcast and related entities.
