At Albany’s 1.65-million-square-foot NanoTech Complex, nonprofit NY Creates runs a semiconductor research and development hub that connects industry, academia, and government to move advanced chip technologies toward commercialization. Founded in 2018 and operating the complex since 2019, the organization supports more than 2,700 industry experts and faculty, manages $25 billion in public and private investments, and develops the workforce needed for the next generation of high-tech manufacturing. Its Albany site was selected in 2024 for the CHIPS for America EUV Accelerator, bringing an anticipated $825 million federal investment to advanced semiconductor research.