SCHUMER CELEBRATES ONE YEAR ANNIVERSARY OF HISTORIC CHIPS & SCIENCE LAW HE CHAMPIONED – SINCE PASSAGE, BIPARTISAN LAW HAS DRIVEN MAJOR INVESTMENT ACROSS UPSTATE NY— BRINGING THOUSANDS OF GOOD-PAYING JOBS BACK FROM OVERSEAS AND BOLSTERING UPSTATE NY AS A NATIONAL HUB OF AMERICAN CHIP MANUFACTURING

Schumer’s CHIPS & Science Act Has Spurred A New Wave Of American Semiconductor Production – Bringing Back This Vital Industry From Overseas, Manufacturing Microchips Integral To Everyday Life And Vital To National Security, Strengthening American Supply Chains, Lowering Costs & Boosting U.S. Competitiveness

Upstate NY Is Already Seeing Historic New Investment And A Manufacturing Boom From Schumer’s CHIPS & Science Act – Like Micron’s Landmark $100 Billion Investment In A CNY Memory Chip Fab – Senator Says This Is Only The Beginning, With Much More Investment On The Horizon & Upstate NY Primed To Lead The Way

Schumer: My CHIPS & Science Law Was The Spark Needed To Ignite Upstate NY’s Leadership As A Global Innovation & Semiconductor Manufacturing Hub – And At Only One Year Old We Are Already Seeing The Benefits

One year after his CHIPS & Science Act was signed into law, U.S. Senate Majority Leader Charles E. Schumer today highlighted the billions in investments the semiconductor industry has already proposed thanks to this historic bill.

Schumer crafted the CHIPS & Science Law with Upstate NY in mind to bring critical manufacturing in industries like semiconductors back from overseas to America, and over the past year, new investment sparked by the CHIPS & Science Act has breathed new life into Upstate’s manufacturing sector, making strides in Schumer’s goal of turning New York into a global hub for innovation.

“Today marks one year since my historic bipartisan CHIPS & Science bill finally became law. This landmark legislation has already spurred major investment across Upstate New York, bringing thousands of good-paying jobs back from overseas, and breathing new life into Upstate New York’s manufacturing legacy. I crafted the CHIPS & Science law specifically with Upstate NY in mind, and one year later, from Syracuse to the Hudson Valley, industry is now recognizing what I have long known- that Upstate NY is the premiere destination for building the technology of the future, and this is only the beginning,” said Senator Schumer. “Between Micron’s historic $100 billion proposed investment in Central New York, and other major investments from companies like Wolfspeed in the Mohawk Valley, Edwards Vacuum in Western New York, the potential expansion of GlobalFoundries in the Capital Region, and IBM and onsemi in the Hudson Valley, the level of investment we’ve seen in Upstate NY over the past year is transformational. The CHIPS & Science law is not just about restoring this critical industry for the United States, it is about ensuring our children and grandchildren can find good-paying jobs and grow their families in places like Upstate NY, in the communities that helped build America, and where now they can build a future for themselves, all while laying the foundation for the future of American manufacturing.”  

Schumer added, “Coupled with our world-renowned research capabilities at places like the Albany Nanocenter and our universities from Binghamton to Rochester to Buffalo, Upstate New York has all the tools needed to become the nation’s leader in an industry that will dominate this century, and the CHIPS & Science law is at the center of it all. Upstate NY is the future of America’s chip industry, and we are just getting started.”

Upstate New York has seen major proposed investment as a direct result of Schumer’s CHIPS & Science Act:

• Micron has announced an historic up to $100 billion investment to build a cutting-edge memory fab in Central New York, which is expected to create up to 50,000 good-paying jobs. Schumer personally worked for years to secure Micron’s investment, including passing the necessary federal incentives into law for Micron to invest in the U.S. and directly negotiating with Micron’s CEO on making New York Micron’s choice for the largest private investment in New York State history, and one of the largest in U.S. history.

• Edwards Vacuum will invest $300+ million to build a 600 job U.S. dry pump manufacturing facility in Western New York’s Science & Technology Advanced Manufacturing Park (STAMP) to supply the semiconductor industry. Senator Schumer personally called Geert Follens, Vacuum Technique Business Area President, Atlas Copco, to urge the global semiconductor supply chain company Edwards Vacuum to expand in Upstate New York and has long supported STAMP's development and to attract new semiconductor and advanced manufacturing companies to locate at STAMP. 

• Onsemi recently acquired a fab in the Hudson Valley, investing over $1.3 billion to be the company’s largest manufacturing facility, supporting over 1,000 jobs, and making it home to the only 12-inch power discrete and image sensor fab in America. Schumer personally met with onsemi’s top brass several times after the 2019 acquisition and worked with local leaders to see this project through and ensure all jobs at the fab were not only retained but the company expanded with further investment. Schumer personally brought a Commerce Department official to onsemi’s announcement that they were maintaining the Hudson Valley workforce in the acquisition and breathing new life into the Hudson Valley’s legacy of innovation as the home of the only 12-inch sensor fab in America, positioning the region for federal investment.

• Wolfspeed near Utica recently opened the first, largest, and only 200mm silicon carbide fabrication facility in the world with over $1 billion invested in the Mohawk Valley. Schumer has worked closely with Wolfspeed’s CEO for years to pass into law the CHIPS and Science Act and pushing the company to consider further expansion of their Mohawk Valley site, something that the company is looking at with the federal CHIPS incentives now in place.

• GlobalFoundries is considering building a second fab in the Capital Region, driven by the major demand for their chips, that will be a key supplier to the auto and defense industries. Schumer brought Secretary Raimondo to GlobalFoundries in July 2021 to see the tremendous potential for expansion at GlobalFoundries given the demand for their chips and with the federal CHIPS incentives. He has worked with the Department of Defense to partner with GlobalFoundries on delivering critical chips for the military, leading to investments like the $117 million Defense Production Act Title III agreement announced last year to provide a strategic supply of U.S.-made semiconductors for critical national security systems. In addition, spurred by his CHIPS & Science law, GlobalFoundries has also entered into major strategic partnerships with industry leaders like Lockheed Martin to advance U.S. semiconductor manufacturing and increase the security, reliability and resiliency of domestic supply chains for national security systems.

• IBM will invest $20+ billion in the Hudson Valley to increase its research and development (R&D) of technologies in the semiconductor, quantum computing, and other high-tech industries. IBM’s investment will include their partnership with Albany Nanotech that will be central to Upstate New York’s bid to be a major hub for the National Semiconductor Technology Center (NSTC), which Schumer created in the CHIPS & Science law. In July 2021, Schumer arranged for Secretary Raimondo to meet with Albany Nanotech leaders, including IBM, to discuss the tremendous chip R&D potential of Upstate New York.

• Corning Incorporated, which manufactures glass critical to the microchip industry at its Canton and Fairport, NY plants, is considering expansion because of the support for suppliers in the CHIPS federal incentives that Schumer included in the CHIPS & Science law. Schumer has already joined Corning Inc. to announce a $139 million investment in Monroe County and that will create over 270 new, good-paying jobs in the Finger Lakes region.

• Menlo Micro, recently announced an over $50 million investment to build their first domestic microelectronics fab facility in Tompkins County, creating over 100 new good-paying jobs. The switches Menlo Micro manufacturers are a vital component of the microelectronics industry, supporting the growth of the domestic semiconductor industry that is being driven by Schumer’s CHIPS & Science law. The senator personally called Menlo Micro’s CEO last year to urge them to invest in Upstate New York for the future growth of their technology.

There is much more on the horizon with the CHIPS & Science law:

• The National Semiconductor Technology Center (NSTC) will come online later this year and into next year, and Schumer has pushed relentlessly for Albany Nanotech to be selected as a major hub of this new network. Prior to the passage of the CHIPS & Science law, Schumer arranged for Commerce Secretary Raimondo to meet with Albany NanoTech and industry leaders, including from IBM and Applied Materials, to discuss the unique assets the region has for leading the NSTC.  Schumer also brought Commerce Deputy Secretary Don Graves to Albany to tour Albany NanoTech and see firsthand how the Capital Region is perfectly suited to stand up the NSTC and begin boosting the nation’s semiconductor industry. Most recently, Schumer personally invited NY CREATES head David Anderson to President Biden’s 2023 State of the Union address to highlight his push to land the NSTC in the Capital Region.

• The Regional Technology and Innovation Hub (“Tech Hubs”) Program, created in his CHIPS & Science law and originally proposed in Schumer’s Endless Frontier Act, launched a competition a few months ago. The initial $500 million competition is part of a $10 billion authorization from his bill to stimulate mid-size cities and broader regions with investments in new technologies, with a focus on translating R&D into new businesses, bringing manufacturing back to America, and helping build the workforce of the future. This initial competition comes after Schumer successfully fought to include $500 million in the FY2023 omnibus appropriations bill to begin implementing the Tech Hubs Program.

• The Regional Innovation Engines Program at the NSF, also created in his CHIPS & Science law and a central program of the NSF’s new Technology, Innovation, and Partnerships Directorate that Schumer proposed in the Endless Frontier Act, has an ongoing competition for awards of up to $160 million per engine to build regional innovation ecosystems. Because of Schumer’s efforts, New York has two finalists in the current Regional Innovation Engines competition—Binghamton University to further build out their battery research and manufacturing initiatives and FuzeHub to support sustainable manufacturing and supply chain development across Upstate New York. Schumer recently re-upped his push for these two New York applications as the competition goes into the homestretch.

• The National Science Foundation got a major infusion of investment in its STEM workforce training and education programs, including $200 million dedicated specifically to preparing workers for the semiconductor and broader microelectronics industries. Last year, Schumer also secured $9.87 billion for the National Science Foundation through an end-of-the-year spending package. The omnibus included an increase of over $1 billion for the NSF, the largest dollar increase for NSF in history, providing funds to begin implementation of the NSF STEM training and education programs Schumer authorized in the CHIPS and Science Act. Schumer is also pushing for $11.3 billion in funding for the NSF that was included in President Biden’s budget for Fiscal Year 2024, a $1.43 billion increase from Fiscal Year 2023 that would build onto the historic funding Schumer secured last year as outlined in his CHIPS & Science law.

Schumer’s CHIPS and Science Act has spurred investment in every corner of New York: 

Central New York

Onondaga County Executive Ryan McMahon said, "The bipartisan CHIPS Act passed by Congress and signed by President Biden one year ago is a perfect example of the larger collaboration, partnership and determination that it took to ultimately have Micron call Onondaga County home. From acquiring the necessary land that now makes up the White Pine site, to the investments in our infrastructure above and below ground, to the leadership from Senator Schumer to pass the CHIPS Act and our state partners with Green CHIPS legislation, the celebration of  the investment being made by Micron is just as much a celebration of people coming together in a bipartisan way to do what is right to ensure for the people of Onondaga County and Central New York." McMahon continued, "Admittedly it wasn't always easy, but in the end we knew that value and opportunity that White Pine offered and so did Senator Schumer and our state delegations, but most importantly so did Micron. I want to thank all of them for their partnership and commitment to our community and I remain steadfastly committed to working with all of our partners in the coming months and years as Onondaga County becomes the hub for memory technology in the world."

Micron President and CEO Sanjay Mehrotra said, “Micron is grateful for the dedication President Biden and the Administration, Leader Schumer, and bipartisan Congressional leaders showed in promoting the passage of the bipartisan CHIPS and Science Act. The CHIPS and Science Act is playing a critical role in driving U.S. innovation and competitiveness – and the economic benefits to our nation are only beginning. This historic legislation paved the way for Micron, the only U.S. manufacturer of memory, to announce our intent to bring industry-leading memory to the U.S. as we invest up to $100 billion over the next 20-plus years to construct a new megafab in Clay, New York—which will be the engine that drives a lasting semiconductor ecosystem here in the United States due to memory’s outsized scale.  We’re energized by the progress we are making to build leading-edge memory here in the U.S. and the workforce of the future as we continue to strengthen the American semiconductor ecosystem.”

President and CEO of Centerstate CEO Robert Simpson said, "One year ago, Senator Schumer led the passage of the ground-breaking Chips Science Act which has laid the groundwork for a resurgence of manufacturing in communities throughout America and for Micron's historic investment in our community here in Central New York. This critical legislation has had a near-immediate impact on the economic trajectory of our region and our nation. Congratulations to Senator Schumer and a bipartisan coalition in both houses for passing this critical legislation and improving American competitiveness.”

Capital Region

“One year ago, the CHIPS and Science Act was signed into law thanks to the leadership of Senator Schumer, with sweeping bipartisan support. The legislation is already strengthening U.S. supply chain security, economic security, and national security, and GF stands ready as a strong partner to the U.S. government and our customers as the semiconductor industry doubles over the next decade,” said Dr. Thomas Caulfield, president and CEO of GlobalFoundries.

David Anderson, President of NY CREATES, said: “On the one-year anniversary of the US CHIPS & Science Act, I commend Senator Schumer's visionary leadership and steadfast commitment to enhancing America's technological and scientific capabilities. Leader Schumer was the driving force behind the enactment of this groundbreaking legislation, which recognizes the critical importance of the semiconductor industry in upholding our nation's global competitiveness and security. The CHIPS & Science Act is not only revitalizing domestic semiconductor production, ensuring a dependable supply chain for these vital technologies, but it’s also igniting a wave of research and innovation across the country and especially here in New York. We’ve been preparing for decades – nowhere else in the U.S. has demonstrated more consistency in bringing together government, industry, and academia to collaboratively accelerate our nation's scientific progress. As the nation’s largest and most advanced semiconductor research and development facility, NY CREATES’ Albany NanoTech Complex stands ready to serve as the headquarters of the National Semiconductor Technology Center.”

“One year ago today, the CHIPs and Science Act passed into law, fundamentally changing the landscape of American Manufacturing in the Semiconductor Industry. This landmark bill provided critical financial support to help New York compete internationally for the careers of tomorrow. Since then Micron has announced the largest manufacturing project in US History in Onondaga County and Edwards Vacuum has announced an expansion at STAMP in Batavia, NY. Public private partnerships at the local, regional, state, and federal level are vital to the success of a growing economy. As executive director of the Association tasked with developing policies that foster economic development and create/retain jobs while improving quality of life for all New Yorkers, our members thank Majority Leader Schumer and his entire team for their vision, leadership, and support. New York is poised to lead the next generation of semiconductor innovation and development,” said Ryan Silva, Executive Director of the New York State Economic Development Council.

Southern Tier

Russ Garcia, CEO of Menlo Microsystems said, “The CHIPS and Science Act is key to strengthening American competitiveness. Senator Schumer’s advocacy and understanding the need to onshore critical technologies was instrumental in Menlo Microsystems’ decision to make Tompkins County, New York the home of our Ideal Fab™. The onshoring of manufacturing jobs is a strong investment that will bolster our economy, protect our intellectual property, and safeguard our supply chain. We are appreciative the of Senator's efforts to safeguard semiconductors as an American stronghold."

“The CHIPS and Science Act is crucial to regaining US global competitiveness in semiconductors. We thank Senator Schumer for his laser focus on this issue and for advocating for New York as the place where this technology and these industries can flourish. Upstate has the infrastructure & workforce to lead the global semiconductor race. Binghamton stands ready to work with the Senator, our industry and academic partners on technology advances and solutions that secure the US and NY's leadership in this critical industry," said Binghamton University President Harvey Stenger.

Western New York

Satish K. Tripathi, University at Buffalo President, said: “In the year since Senate Majority Leader Schumer’s CHIPS and Science Act was passed, there is palpable excitement across WNY. Innovation and collaboration, hallmarks of our region, are driving every sector of our WNY economy.  As a SUNY flagship university, the University at Buffalo, is benefitting from increased federal investment in STEM research and infrastructure. Renewed emphasis on key technologies including clean energy, artificial intelligence, semiconductors, and advanced manufacturing means that UB will continue to be on the cutting edge of research and innovative technologies that will help America compete in a globalized world.”

Rochester-Finger Lakes

Steven G. Hyde President and CEO of Genesee County Economic Development Center said, “The CHIPS & Science Act is doing exactly as intended – bringing Semiconductor investment and jobs back to the United States in a big way!  Here in Upstate New York, Senator Schumer’s advocacy has been nothing short of incredible in helping our region secure more than $1B in investment and the creation of up to 700 high paying jobs by Plug Power and Edwards Semiconductor to build their Factory of the Future at our STAMP Mega-Site situated in Genesee County between the Buffalo Niagara and Rochester and Finger Lakes regions.”

Jeff Shealy, Founder and CEO of Akoustis said, “I want to thank Senator Schumer for authoring the historic CHIPS and Science Act.  Because of the CHIPS and Science Act, Akoustis is planning a major expansion that will create end-to-end manufacturing in the Greater Rochester / Finger Lakes Region.  This expansion will include a packaging facility that will bring hundreds of good paying jobs back from China to the Greater Rochester Area.  Akoustis is thrilled to be partnering with nearby institutions of higher education to train and produce the next generation of great American manufacturers.   This expansion will also help build a regional ecosystem, that will produce other job opportunities in the  Greater Rochester area.  We are proud to bringing these jobs back to New York.”

Sharon Cunningham, Edwards VP of Communication said, “The CHIPS & Science Act legislation play a key role in Edwards’ decision to build a new, state-of-the-art dry pump manufacturing facility at the Science Technology Advanced Manufacturing Park (STAMP) in Genesee County, New York.  The CHIPs program enables us to invest in manufacturing capacity vital to support the continuity of our American customers and the growth of the US semiconductor industry.”

Hudson Valley

Arvind Krishna, Chairman and Chief Executive Officer, IBM, said: “The landmark CHIPS and Science Act catalyzed investments that will strengthen U.S. leadership in semiconductor technology, and we commend Senator Schumer and leaders in Congress and the administration for making it possible. The bill was a critical first step that will impact communities nationwide, including in New York where IBM is proudly based, but more remains to be done. IBM looks forward to working with partners across the country to build the National Semiconductor Technology Center rapidly and efficiently to put America at the forefront of chip innovation worldwide.”

“Senator Schumer has been a relentless supporter of the CHIPS and Science Act and advancing its progress over the last year to lay the foundation for a resurgence in semiconductor research and manufacturing in the U.S.,” said Hassane El-Khoury, President and CEO of onsemi. “Over time, this legislation will prove to be a seminal achievement that maintained American leadership in semiconductor technology.”

Mohawk Valley

Gregg Lowe, CEO of Wolfspeed said, “A year ago, Majority Leader Schumer and our nation’s leaders came together and crafted a law that ensures Wolfspeed can confidently make the type of long-range investments necessary to producesilicon carbide at scale for use in numerous applications such as EVs, fast charging and renewable energy and storage.  Since then, Wolfspeed has started producing next-gen semiconductors in New York's Mohawk Valley at the world's first, largest, and only 200mm silicon carbide fab, where we are creating good paying jobs and ensuring that this American-made technology remains firmly rooted here at home.”

“The CHIPS Act is already contributing to building a semiconductor corridor in Upstate New York with growth and commitments by Micron, GlobalFoundries, on-semi, Edwards Vacuum, Wolfspeed, NY CREATES and Albany Nanotech Complex, Danfoss, Applied Materials, TEL, and other supply chain companies” said Steve DiMeo, President of Mohawk Valley EDGE. "We thank Senator Schumer for his ongoing advocacy and support.”  Last year New York adopted the Green CHIPS Act which complements the Federal CHIPS Act and positions New York and the Mohawk Valley region for future growth in this strategic global industry.”

North Country

Wendell P. Weeks, Chairman and CEO, Corning Incorporated said, “As one of the world’s leading manufacturers of hyper-pure polysilicon and advanced optics components, Corning is vital to nearly every step of the chip manufacturing process. We're grateful for Majority Leader Schumer’s leadership in implementing the bipartisan CHIPS and Science Act to strengthen the entire domestic semiconductor supply chain, and we are committed to making New York the nation’s leading hub for semiconductor R&D and manufacturing in the United States.”

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