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home / articles / TECH - New York's $10B Gamble: Can It Become the Next Big Hub in the Global Chip Race? | Benzinga

TECH - New York's $10B Gamble: Can It Become the Next Big Hub in the Global Chip Race? | Benzinga

Bio-Techne Corp

New York State is embarking on a $10 billion investment to establish a cutting-edge semiconductor research facility at the University at Albany. 

This initiative collaborates with prominent chip companies, overseen by NY Creates, the nonprofit managing the Albany NanoTech Complex. 

The facility will be equipped with the world's most advanced chip-making equipment from ASML Holding NV (NASDAQ: ASML), a Dutch company renowned for its sophisticated machinery.

The project, endorsed by Governor Kathy Hochul's office, involves vital industry players such as International Business Machines Corp (NYSE: IBM), Micron Technology Inc (NASDAQ: MU), Applied Materials Inc (NASDAQ: Full story available on Benzinga.com
Stock Information
Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com
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