New York Invests in Next-Gen Chip Manufacturing

Albany NanoTech Complex to host cutting-edge semiconductor research hub

Apr. 9, 2026 at 7:52pm

A highly detailed, glowing 3D illustration of an advanced semiconductor fabrication tool, with intricate circuitry and components illuminated by neon cyan and magenta lights, conceptually representing the state-of-the-art technology powering the future of computing.A cutting-edge semiconductor fabrication tool, glowing with the promise of next-generation chip technology, signals New York's push to lead the future of computing.NYC Today

New York state is making a major investment in the future of semiconductor technology, with the installation of a critical piece of equipment at the Albany NanoTech Complex. This first-of-its-kind, publicly accessible research hub in North America will focus on developing next-generation microchips to power emerging technologies like AI and high-performance computing.

Why it matters

The project is part of a broader $10 billion public-private partnership aimed at cementing New York's role in the global semiconductor industry, strengthening domestic chip production, and driving long-term innovation. It's also expected to spur economic development and job creation across upstate New York.

The details

The newly installed system, developed by Tokyo Electron, will be used to apply and process light-sensitive materials on silicon wafers, a foundational step in manufacturing advanced microchips. This is the first major component of a broader buildout that will eventually include one of the most advanced lithography machines in the world, produced by ASML, to enable chip production at the most advanced levels currently possible.

  • Installation of the Tokyo Electron system has begun at the Albany NanoTech Complex.
  • The ASML lithography machine is expected to arrive in stages later this year.

The players

Kathy Hochul

Governor of New York, who announced the major milestone at the Albany NanoTech Complex.

Albany NanoTech Complex

A research hub in New York focused on next-generation semiconductor development, part of a $10 billion public-private partnership.

Tokyo Electron

A company that developed the critical piece of equipment being installed at the Albany NanoTech Complex.

ASML

A company that will provide one of the most advanced lithography machines in the world to the Albany NanoTech Complex.

IBM, Micron, Applied Materials

Major industry players involved in the $10 billion public-private partnership to cement New York's role in the global semiconductor industry.

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What they’re saying

“New York is positioning itself at the center of the next generation of chipmaking, with state officials announcing a major step forward at the Albany NanoTech Complex that could shape the future of computing.”

— Governor Kathy Hochul

What’s next

The ASML lithography machine is expected to arrive in stages later this year, further bolstering the Albany NanoTech Complex's capabilities in next-generation semiconductor development.

The takeaway

New York's strategic investment in the Albany NanoTech Complex signals the state's ambition to become a global leader in the future of semiconductor technology, driving innovation, strengthening domestic chip production, and fostering economic growth across the region.