Economic news

Biden administration selects New York for semiconductor R&D facility

2024.10.31 05:38

© Reuters. FILE PHOTO: Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/File Photo

(Reuters) – The Biden administration on Thursday announced that it would invest about $825 million in a new semiconductor research and development (R&D) facility in Albany, New York.

The New York facility will be expected to drive innovation in EUV technology, the U.S. Department of Commerce and Natcast, operator of the National Semiconductor Technology Center (NTSC), said in a statement.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 83,097.26 0.08%
ethereum
Ethereum (ETH) $ 1,903.02 0.10%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.32 2.36%
bnb
BNB (BNB) $ 580.26 0.13%
solana
Solana (SOL) $ 126.11 0.70%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 0.718494 1.01%
dogecoin
Dogecoin (DOGE) $ 0.16961 1.00%
tron
TRON (TRX) $ 0.221499 1.52%
staked-ether
Lido Staked Ether (STETH) $ 1,898.75 0.01%
pi-network
Pi Network (PI) $ 1.60 8.43%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 82,983.23 0.01%
leo-token
LEO Token (LEO) $ 9.74 0.13%
chainlink
Chainlink (LINK) $ 13.98 4.01%
stellar
Stellar (XLM) $ 0.278923 0.04%
usds
USDS (USDS) $ 1.00 0.01%
hedera-hashgraph
Hedera (HBAR) $ 0.192427 2.88%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,274.76 0.35%
avalanche-2
Avalanche (AVAX) $ 18.71 1.77%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 2.51%
sui
Sui (SUI) $ 2.23 3.24%
the-open-network
Toncoin (TON) $ 2.81 1.12%
litecoin
Litecoin (LTC) $ 90.43 0.10%
bitcoin-cash
Bitcoin Cash (BCH) $ 332.54 0.41%
polkadot
Polkadot (DOT) $ 4.15 2.47%
mantra-dao
MANTRA (OM) $ 6.26 3.20%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.06%
weth
WETH (WETH) $ 1,902.18 0.12%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999854 0.01%
bitget-token
Bitget Token (BGB) $ 4.31 1.95%
hyperliquid
Hyperliquid (HYPE) $ 13.77 9.57%
whitebit
WhiteBIT Coin (WBT) $ 28.23 1.19%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,020.28 0.23%
monero
Monero (XMR) $ 208.30 0.40%
uniswap
Uniswap (UNI) $ 5.89 1.45%
susds
sUSDS (SUSDS) $ 1.04 0.05%
dai
Dai (DAI) $ 0.999776 0.01%
near
NEAR Protocol (NEAR) $ 2.64 0.01%
aptos
Aptos (APT) $ 5.21 0.85%
pepe
Pepe (PEPE) $ 0.000007 3.32%
ethereum-classic
Ethereum Classic (ETC) $ 18.20 2.16%
okb
OKB (OKB) $ 45.33 7.60%
ondo-finance
Ondo (ONDO) $ 0.856524 1.21%
internet-computer
Internet Computer (ICP) $ 5.58 0.41%
aave
Aave (AAVE) $ 167.37 3.89%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 83,101.27 0.04%
gatechain-token
Gate (GT) $ 20.45 0.29%
mantle
Mantle (MNT) $ 0.724092 3.29%
official-trump
Official Trump (TRUMP) $ 11.67 8.17%