3/28/2012 8:56:00 AM

Times Union: Chip plan gets funds

Times Union

ALBANY — Gov. Andrew Cuomo's economic development board approved $300 million in funding Tuesday, the state's cash contribution to a $4.8 billion research program designed to revolutionize the computer chip industry in upstate New York.

Half of Cuomo's contribution would go toward a new $1 billion program to move the chip industry away from using 300 millimeter silicon wafers in manufacturing to larger 450mm wafers that would double production efficiency.

The other $150 million in cash would to an IBM program to dramatically shrink components on chips from the current 32 nanometer and 28 nanometer sizes to as small as 14 nanometers.

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