Governor Cuomo and Chancellor Zimpher recently announced a $4.4 billion investment by five leading international companies that will create the next generation of computer chip technology in New York State. Investments, to be made over the next five years, will result in the creation and retention of approximately 6,900 jobs, including 1,550 high-technology positions at several SUNY sites.
New high tech job distribution will include 450 jobs at the SUNYIT campus in Utica, 800 at UAlbany’s College of Nanoscale Science and Engineering (CNSE) complex in Albany, and 300 at the CNSE Smart System Technology & Commercialization Center in Canandaigua. The remaining 950 high-tech jobs will be located at IBM in Yorktown Heights and East Fishkill.
And that’s not all. New York State will invest $400 million in CNSE, including $100 million for energy efficiency and low cost energy allowances, to support the project. The state investment in CNSE will be directed entirely to the campus. All tools and equipment acquired through the investment will be owned by CSNE.
The five companies involved are: Intel, IBM, GLOBALFOUNDRIES, TSMC and Samsung.