Friday, July 22, 2022

Upstate poised to develop into high-tech hub, Schumer says information


ALBANY -- New York state is prone to be a serious beneficiary of federal laws that may pump $52 billion into stimulating the expansion of the home semiconductor chip manufacturing trade, US Senate Majority Chief Chuck Schumer, D-NY, stated on Thursday.

About 80 semiconductor firms are already current in New York, with a complete of greater than 34,000 workers, Schumer stated.

However the complete variety of jobs could be significantly elevated by efforts aimed toward making the upstate area rival California's Silicon Valley as a high-tech hub, the senator added.

NATIONAL SECURITY

Schumer argued that the nation's semiconductor trade was important to its future and safety, with the upstate area being a super location for such investments.

"China is making an attempt to dominate this trade," Schumer informed reporters on a Zoom convention name. "We...


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