Industry News
Firms to Spend $4.4 Billion on New Chips in NY
Leading semiconductor manufacturers-including IBM Corp. and Intel Corp.-have committed $4.4 billion to develop chip technology in New York state, allowing them to share resources as they move to more advanced manufacturing. The agreement aims to help the industry make chips on 450-millimeter wafers, reducing the cost per processor by more than doubling the number of chips made on each wafer.