GO-SEMI:
The Governor’s Office of Semiconductor Expansion, Management, and Integration (GO-SEMI) is the semiconductor industry’s dedicated state partner, providing concierge-style support for business expansion and site selection. Housed within Empire State Development, New York State’s chief economic development agency, GO-SEMI is the semiconductor industry’s seamless front door to opportunities within New York’s growing ecosystem. If your organization is considering New York, contact GO-SEMI.

Semiconductor Alliance NY:
This group champions the opportunities, capabilities, partnerships, and momentum of New York’s semiconductor ecosystem. The alliance helps organizations understand what’s here, what’s possible, and how they can participate.

NY SMART I-Corridor:
The nation’s only federally designated end-to-end semiconductor manufacturing Tech Hub links the resource-rich Buffalo, Rochester, and Syracuse regions, bringing together industry, academia, and government to spur semiconductor growth.

NY Creates:
New York’s Center for Research, Economic Advancement, Technology, Engineering and Science operates the world-renowned Albany NanoTech Complex, a hub for nanotechnology research, development, and commercialization and semiconductor innovation.

Regional hubs:
New York’s 10 state regions function as regional manufacturing, research, and academic hubs for several industries, including semiconductors.

NY Creates Albany Nanotech Complex:
North America’s largest, most advanced semiconductor research-and-development facility of its kind with more than 2,750 scientists and engineers collaborating across 200 industry and research partners. Its High NA EUV Center will be the only U.S. location, and one of only two public R&D sites globally, with the world’s most advanced lithography technology.

Tier 1 research institutions:
New York ranks near the top in Tier 1 research institutions in the U.S., including Columbia, Cornell, Stony Brook, Syracuse, and Rensselaer Polytechnic Institute.

Abundant water:
New York has access to 90% of North America’s and 20% of the world’s fresh surface water, including an abundant supply from two Great Lakes, 87,000 miles of rivers and streams, and thousands of lakes, ponds, and reservoirs.

Clean and reliable energy:
New York has pledged to deliver 100% clean electricity by 2040. Already, almost half of the state’s electricity comes from zero-emission sources such as hydroelectric, solar, wind, and nuclear generation.

Available land:
The state has invested $700 million to develop industry-ready land, with 8,800 acres now available and more in the pipeline.

Transportation and shipping:
New York has more than 4,500 miles of freight rail, the Interstate 90 corridor extends 385 miles across the state, and the Port of New York and New Jersey is the U.S. East Coast’s largest port.

Tax credits:
New York offers fully refundable tax credits for investments, wages, and R&D expenditures for semiconductor supply chain companies, and fully refundable tax credits for qualified capital investments. It also offers tax credits for on-the-job training expenses up to $25,000 per worker including costs, wages, and wraparound services, and up to $13 billion in fully refundable tax credits for qualifying semiconductor investments.

Tax rates:
Qualified manufacturers in New York enjoy an as-of-right 0% corporate income rate, no personal property or inventory tax, and a 0% sales tax for machinery, equipment, and fuels and utilities.

Industry presence and supply chain security:
There are more than 156 semiconductor and supply chain companies operating in the state, including Micron, GlobalFoundries, Wolfspeed, IBM, Onsemi, AMD, and more.

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Growth fueled by investment:
New York has helped semiconductor companies secure over $6.1 billion in federal CHIPS Act support, and its $1 billion investment in NY Creates has unlocked approximately $9 billion in private investment. New York has attracted over $124 billion in new private investment since 2022, including Micron’s $100 billion investment to build what will be the largest megafab complex in U.S. history in Central New York.

Workforce:
New York State is investing $550 million in workforce development projects, including the ON-RAMP Initiative for a new network of state-of-the-art training centers focused on advanced manufacturing. New York also has more than 577,000 construction workers statewide.

Talent pipeline:
New York State has the highest number of science, technology, engineering, and mathematics (STEM) graduates in the northeastern U.S., including the third most semiconductor-related degrees, and the State University of New York (SUNY) system, the largest comprehensive public university system in the U.S.