FOLLOWING HIS PERSONAL INVITATION & LONGSTANDING ADVOCACY, SCHUMER BRINGS COMMERCE DEPUTY SECRETARY GRAVES TO ALBANY NANOTECH TO PITCH FACILITY AS THE IDEAL HUB FOR THE NATION'S FIRST NATIONAL SEMICONDUCTOR TECHNOLOGY CENTER AND NATIONAL ADVANCED PACKAGING MANUFACTURING PROGRAM; SENATOR -- WITH GOVERNOR HOCHUL-- SAYS UPSTATE NEW YORK CAN REVIVE U.S. CHIP INDUSTRY, ALLEVIATE SUPPLY CHAIN DISRUPTIONS, CREATE THOUSANDS OF NEW JOBS, & POWER U.S. TECH LEADERSHIP

Statement

After years of staunch advocacy to invest in domestic semiconductor manufacturing and R&D, U.S. Senate Majority Leader Chuck Schumer successfully passed his U.S. Innovation and Competition Act (USICA) in the Senate and immediately brought Secretary Raimondo to Albany to announce GlobalFoundries' planned expansion and pitched Upstate New York as the ideal place to grow the U.S. semiconductor industry. Today, Schumer doubled down on his advocacy by personally bringing another top Commerce Department official, Deputy Secretary Don Graves, to the Albany Nanotech Complex, where he and New York State Governor Kathy Hochul provided a personal tour of the world-class facility and pitched Albany Nanotech as a hub for the nation's first National Semiconductor Technology Center (NSTC) and National Advanced Packaging Manufacturing Program (NAPMP), two programs that will be funded by USICA.

"When I wrote the U.S. Innovation and Competition Act to fund the creation of a National Semiconductor Technology Center and Advanced Packaging Manufacturing Program, I always had Albany front of mind. That's why, as soon as the bill passed the senate last summer, I brought Secretary Raimondo to Albany to meet with stakeholders and hear everything Albany and Upstate New York has to offer. Now, it's time they see the wonders behind the Albany Nanotech Complex up close and how Upstate New York has all the ingredients to power and revive the U.S. chip industry, and become the nation's first hub for the National Semiconductor Technology Center and Advanced Packaging Manufacturing Program. " said Senate Majority Leader Chuck Schumer. "I'm proud to have personally brought Deputy Secretary Graves with me to the Capital Region to see firsthand how Albany Nanotech's national partnerships and infrastructure are uniquely suited to lead the NSTC, quickly serve the needs of the nation's semiconductor industry, supercharge American chip production and leadership in technology, and bring hundreds of jobs to the Capital Region."

"As the U.S. economy continues to recover from the pandemic, one critical shortage in the global supply chain is a severe lack of microchips," Governor Hochul said. "The semiconductor industry is vital to supporting our health care workers on the frontlines, protecting the integrity of our financial industry, boosting our national security, and it creates good paying jobs. There is no better state for the federal government to invest in this critical industry. New York is a leader in computing design and development, and we are prepared to meet this moment and lead the way."

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