A group of semiconductor heavyweights led by Intel, IBM, and Globalfoundries will invest $4.4 billion in a New York-based chip R&D hub, New York Gov. Andrew M. Cuomo said today.
The five-year investment will target upstate New York, which is already a major center of chip research and development activity tied to IBM and Globalfoundries. The latter--Advanced Micro Devices' erstwhile chipmaking arm now owned by Abu Dhabi-based ATIC--is in the process of completing a massive manufacturing complex to make 28-nanometer chips in the town of Malta, NY. IBM has had manufacturing and R&D facilities … Read more