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new-york-and-the-netherlands-form-semiconductor-alliance
new-york-and-the-netherlands-form-semiconductor-alliance

New York and the Netherlands form semiconductor alliance

New York State and the Netherlands have formed a new alliance to strengthen innovation and collaboration in the semiconductor industry, with a particular focus on promoting sustainability.

In addition to sustainability related to the growing sector, a signed Memorandum of Understanding (MoU) also focuses on enhancing joint workforce development opportunities as well as advancing semiconductor research and development.

New York’s Governor Kathy Hochul said the partnership will help to take New York’s chips transformation to the “next level”. She also noted that the duo’s shared belief that those who lead the semiconductor renaissance will chart the path forward.

“With this MoU, we are doubling down on our commitment to putting collaboration, innovation, and sustainability front and centre in our effort to build the next generation of semiconductor technology and create high-tech, good-paying jobs.”

But it’s not just next-generation technology that the partnership is focused on; it’s also making the next generation of semiconductor specialists a priority with a new summer school programme.

Unlocking an opportunity for academic collaboration between New York and Dutch universities, the partnership also includes a New York State programme that will sponsor up to five SUNY students’ attendance at the Eindhoven Semiconductor Summer School at the Technical University of Eindhoven in the Netherlands.

This will be a five-day intensive programme for STEM Masters students led by leading Dutch academic and industrial experts.

Governor Hochul’s ambitions

The partnership builds on Governor Hochul’s plans to drive innovation across New York to attract major employers and create good-paying jobs. As far as the semiconductor market is concerned, the state has already attracted investments from the likes of Micron Technology, IBM, Edwards Vacuum, and more.

Governor Hochul has also signed a Green CHIPS legislation to drive semiconductor research, development, and manufacturing in New York State and announced a $10bn partnership to bring next-generation chips research to NY CREATES’ Albany NanoTech Complex.

These commitments all support President Joe Biden’s wider CHIPS and Science Act, which was signed into law in August 2022, and named a “historic” piece of legislation.

Funding under the CHIPS and Science Act includes a $39bn grant programme for semiconductor manufacturers, in addition to equipment and materials suppliers. It also includes $2bn for legacy chips, $13.2bn for R&D and workforce development, and $500m for international information and communication technology security and supply chain activities.

Read more: President Biden signs $52bn CHIPS Act into law

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