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Biden administration selects New York for semiconductor R&D facility By Reuters

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(Reuters) – The Biden administration on Thursday introduced that it will make investments about $825 million in a brand new semiconductor analysis and improvement (R&D) facility in Albany, New York.

The New York facility will probably be anticipated to drive innovation in EUV expertise, the U.S. Division of Commerce and Natcast, operator of the Nationwide Semiconductor Expertise Middle (NTSC), mentioned in a press release.

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