Close up of a nanochip

Semiconductors

America’s fastest growing semiconductor ecosystem is in New York State.

Contact Jennifer Waters
Industry Contact Regional Director Jennifer Waters
Telephone Icon Phone (315) 953-0650 Envelope Icon Email [email protected]

New York State: A Global Semiconductor Hub

Semiconductor companies have announced more than $124 billion in new investments across New York since 2022. By 2030, one in four American-made chips will be manufactured in and around upstate New York. No other region will account for a greater share of domestic production.

Find how New York’s highly educated workforce, world class R&D assets, advanced infrastructure, globally competitive incentives, and unparalleled industry support are driving unparalleled industry growth.

1 in 4

U.S. made chips will be made in and around upstate NY

$124B+

in new industry investment

156+

semiconductor and supply chain companies thriving in NYS today

New York State's Semiconductor Ecosystem

New York State is home to the fastest growing semiconductor ecosystem in the nation. 

There are 156+ semiconductor and supply chain companies thriving across New York today employing more than 34,000 New Yorkers – and the ecosystem is the fastest growing in the U.S. with more than $124 billion in new investments from leading chipmakers like Micron and GlobalFoundries.

Map of northeast of USA highlighting New York State and key semiconductor businesses location within and outside New York.
Caption: Map of northeastern states of U.S.A highlighting general locations of semiconductor companies located or coming to New York State including: GLOBALFOUNDRIES in the Capital Region, Wolfspeed in the Mohawk Valley, Edwards Vacuum in Western New York and Micron to be located in Central New York.
We are building a semiconductor highway along the I-90 corridor from Albany to Buffalo bringing with it good paying jobs and transforming our economy. By 2030, 1 in 4 U.S.-made chips will be produced in [and around] Upstate New York, making [the Empire State] the country’s leading hub for semiconductor manufacturing. New York is officially chips country, but the best is yet to come.
Governor Kathy Hochul

Why the industry is choosing New York State 

The future of American semiconductor manufacturing is happening in the Empire State. 

The semiconductor industry is choosing New York because we’re home to the nation’s most ambitious industry attraction programs, dedicated government support, a highly educated and diverse workforce, world-class R&D and innovation assets, and advanced infrastructure.

Innovation

New York’s world class R&D assets are at the leading edge of the semiconductor industry. 

NY CREATES’ Albany NanoTech Complex – already the most advanced semiconductor R&D facility of its kind in North America – is growing at a nation-leading pace. Albany NanoTech,  soon to be home to the $10 billion High NA EUV Lithography R&D Center, has been designated as the country’s first National Semiconductor Technology Center flagship facility. 

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$20B+

invested in semiconductor R&D assets at NY CREATES’ Albany NanoTech Complex

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$10B

to build the nation’s first and only High NA EUV Lithography R&D Center at NY CREATES

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$825M

awarded by the federal government to establish the nation’s first National Semiconductor Technology Center at NY CREATES 

Globally Competitive Incentives

No other state offers more competitive incentives for semiconductor and supply chain companies.  

Companies investing in New York can take advantages of globally competitive incentives including the new R&D capital incentive program, the Excelsior Jobs Program and the Green CHIPS program, a nation-leading companion to $52B in U.S. CHIPS incentives. 

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$10B

in economic incentives available through Green CHIPS

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10 years

of incentives available through the Excelsior Jobs Program

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$200M

investment to prepare and develop shovel ready sites across the state via Fast NY

0%

personal property tax

0%

corporate income tax rate for qualified manufacturers

0%

sales tax on machinery, equipment, and fuels/utilities

Education & Workforce

New York’s robust skilled workforce is growing to meet industry demand. 

New York’s robust, highly educated workforce is growing along with our booming chip industry ecosystem. We are home to 68 engineering degree conferring institutions, the nation’s largest comprehensive public higher education system and are investing more than $550 million in new workforce development programs. 

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#1

in the Northeast in STEM graduates

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#1

largest comprehensive public higher education system in SUNY

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#3

in engineering graduates with degrees in fields relevant to semiconductor manufacturing 

Infrastructure

Companies in New York are connected to advanced infrastructure and abundant resources. 

New York has some of the most stable and abundant energy and natural resources in the U.S. and is a national leader on climate. Companies can confidently invest in New York for the long-term, and count on New York’s partnership in reaching their climate goals.   

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4,500+ miles

of freight rail across the entire state

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#9

most affordable industrial energy costs ahead of Arizona, Ohio, and California

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100%

carbon free grid by 2040 

Micron abstract image close up of semiconductor chip

GO-SEMI
Housed within ESD, the Governor’s Office of Semiconductor Expansion, Management, and Integration (GO-SEMI) is the nation’s first state level office solely dedicated to supporting the semiconductor industry. GO-SEMI is the semiconductor industry’s front door to New York State, offering seamless, business friendly concierge services to facilitate investment, foster innovation, and accelerate growth. 

Unmatched Semiconductor Industry Support

GO-SEMI logo with semiconductor chips abstract background

Get support from GO-SEMI

The Governor’s Office of Semiconductor Expansion, Management, and Integration is the industry's partner for business in New York State.
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Abstract semiconductors chip image

Find industry-leading incentives

New York's Green CHIPS incentives are the nation's most ambitious semiconductor industry attraction program.
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Shovel ready site

Look for shovel-ready sites

Apply for up to $400 million in pre-development and infrastructure grants through FAST NY.
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CNSE cleanroom workers

Explore R&D opportunities

NY CREATES is a world-leading R&D, innovation hub and commercialization facilitator in advanced digital, analog and power technologies.
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Semiconductor R&D Program Regulations

Please see our new incentive program to facilitate large scale semiconductor R&D investment in New York State.

Current Regulations

Opportunities to grow your business in New York State

Tax-Based Incentives

All forms of tax incentives that enable savings and cost advantages to businesses.
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Operational Support

Programs offering assistance or training to ensure more competitive businesses.
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Growth Support

Funds, loans and other means of financial support to stimulate business growth.
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Innovation Development Support

Financial incentives to foster university collaboration, research and innovation.
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Industry Contact

For press inquiries, please contact [email protected]

Connect with our industry experts to find out more about how New York State can help your business.