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BlueGuyBuff t1_ir1bkfe wrote

Surprised it would be in New York of all places but that's still a huge W

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Eudaimonics t1_ir2ce6g wrote

Global Foundries already has a chip plant in Albany and another just opened up outside of Utica.

NY has been slowly building a corridor for these type of companies and amass the workforce they’re looking for.

On top of that got TONs of graduates from schools like SU, Cornell, RIT, Buffalo, UofR and SUNY Polytechnic. All top 100 colleges/universities within 100 miles of Syracuse.

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set-271 t1_ir1h925 wrote

Water security is probably one of the primary reasons.

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[deleted] t1_ir36rmx wrote

[deleted]

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set-271 t1_ir3753c wrote

Amen. I just don't understand TSMC and Intel building chip factories out in Arizona, when everyone knows Lake Powell is drying up. It's destined to already fail like by next year.

Hearing about this Micron investment gives me hope America will get back on its feet again. 🙏

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SafetyMan35 t1_ir3pjc1 wrote

It helps as 90 minutes away is Rochester Institute of Technology which offers degrees in microelectronics engineering (the design and manufacture of computer chips) with a functional clean room manufacturing facility. They can tap into the talent coming out of the school and support internships (a required part of graduation from RIT.

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IronWolf1911 t1_ir3uoh3 wrote

It’s also about 90 min away from Binghamton University, Cornell, and like 20 min from Syracuse University. While they aren’t tech specific like RIT, they’re def going to benefit from this too.

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ArnoF7 t1_ir4fhmm wrote

People not in the industry probably don’t know this, and that’s very understandable. But NY state has a lot going on for semiconductor at the moment. IBM has a research hub in semiconductors in upstate NY for a long time and it’s leading the new US-Japan collaboration. Wolfspeed is building a very big SiC fab. GF is also expanding.

lot of actions happening in upstate New York. It’s a good thing. Chip manufacturing is one of the few manufacturing that’s not so sensitive to labor cost, making it a good fit for developed countries. Although the industry has it bust and boom cycles, in the long run the demand is always going up.

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shortyman920 t1_ir1sxrg wrote

Yeah, you would think a state with lower taxes and lower costs, but I guess upstate NY could at least draw from a richer talent pool with the proximity to nyc

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Twheezy01 t1_ir2fa6x wrote

I live in Syracuse, we get knocked for high taxes but it's not that bad around here. The people that get those jobs will be stylin

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croto8 t1_ir2q5gc wrote

I’m sure they were referring to corporate taxes.

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Twheezy01 t1_ir2u4ul wrote

I'm sure there were heavy tax breaks involved

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Bewaretheicespiders t1_ir23m30 wrote

How's the semicon talent pool in NYC?

Big population doesnt mean big talent pool in every sector. Remember THQ? They had a studio in NYC, up to the point they realized not a single employee was from there, they had all relocated for the job. So they closed it down and moved the whole operation to Montreal. Or so some former employees told me. Wasnt enough to save them though...

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SafetyMan35 t1_ir3pt2t wrote

RIT in Rochester has a full microelectronics program with functional clean room facilities. Lots of new talent 90 minutes away.

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shortyman920 t1_ir2jnee wrote

Fair point, and I admit dont actually know. It’s also several hours from nyc, but that’s a easier relocation for nyc workers than say in Ohio or Missouri. Lots of experienced workers end up moving farther and farther away from nyc itself anyway

It could be for something entirely different like deals cut with the state

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