IBM and Intel will undertake a major investment in the domestic semiconductor industry, as part of a collaboration expected to add hundreds of new jobs to IBM’s Research Center in Albany, New York.
IBM reported this Intel collaboration with their Albany research facility will support jobs at IBM as well as across industry and research partners in the Capital Region. IBM also is planning to apply for funding from the U.S. Department of Commerce National Semiconductor Technology Center program authorized in last year’s NDAA.
“Senator Schumer has been a tireless advocate for accelerating America's progress in advanced technologies and we are grateful for his leadership," said Arvind Krishna, Chairman and CEO of IBM. "The semiconductor technology ecosystem we have assembled in Albany is uniquely positioned to deliver rapid new breakthroughs that will catalyze the economic and societal benefits of AI, quantum computing and other technologies while transforming industries. We look forward to bidding for the NSTC, which would drive innovation at an even faster pace and double the 1,000-plus strong semiconductor innovation workforce in and around Albany.”
The NSTC is meant to be a hub for industry, academia and the broader research community, and government to come together to serve as a hub for conducting advanced semiconductor research and prototyping that strengthens the domestic semiconductor ecosystem. The new partnership with Intel further positions IBM to compete for the NSTC.
According to U.S. Senate Majority Leader Charles E. Schumer’s office, as Intel expands its domestic manufacturing operations, they will conduct new semiconductor research in advanced semiconductor technology working with IBM’s Albany Semiconductor Research Facility. The partnership came about after Congress voted to secure provisions in the FY2021 National Defense Authorization Act, supported by Schmer, to boost American-based semiconductor manufacturing and R&D.
Schumer said he is leading a push in the Senate to fund the NSTC and the other federal semiconductor incentives authorized in the NDAA to begin to implement those programs.