Tech Valley Solidifies Its Position as Global Nanotech R&D Hub

Governor Andrew Cuomo recently announced a $4.4 billion dollar investment agreement with Intel, IBM, GLOBALFOUNDRIES, Samsung, and TSMC  to collaboratively develop 450 mm chip wafers, the next generation of computer chip technology.  According to a release from the Governor’s Office , the College of Nanoscale Science and Engineering (CNSE) will receive $400 million in funding to bolster the already impressive R&D capacity at the institution. This R&D consortium, called Global 450, is located only a short distance from the Luther Forest Technology Campus, which site that is home to GLOBALFOUNDRIES Fab 8 and pre-approved for additional nanotech manufacturing facilities.