IBM and Intel start up $4.4b chip research hub in Albany

IBM and Intel have agreed to invest $4.4 billion to create an R&D hub for nanotechnology in Albany, New York. The two companies, along with Samsung, Global Foundries, and TSMC (Taiwan Semiconductor Manufucturing Corporation), will make the investment over a five-year period. New York state will pour $400 million into its College of Nanoscale Science and Engineering at Albany in support of the effort....



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