New York semiconductor site picked for $825 million in funding

FILE - Sen. Majority Leader Chuck Schumer, D-N.Y., talks after a policy luncheon on Capitol Hill, Sept. 24, 2024, in Washington. (AP Photo/Mariam Zuhaib, File)

ALBANY, N.Y. (AP) — A semiconductor research facility in upstate New York was selected as one of three national technology centers and will receive up to $825 million in funding as part of a broader federal effort to boost the United States' competitiveness in the industry.

U.S. Sen. Chuck Schumer made the announcement Thursday.

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