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.