UAlbany Statement on Passage of the CHIPS and Science Act of 2022

UAlbany Vice President for Research and Economic Development Thenkurussi “Kesh” Kesavadas said the following today about Congress passing the CHIPS and Science Act of 2022, also known as the CHIPS+ Act:

“It is essential that the United States maintain a strategic advantage in semiconductor development and production, and this bill strengthens American innovation, economic competitiveness and national security. It also will be an incredible economic jolt for Upstate New York and the Capital Region.

Thank you to U.S. Rep. Tonko, who along with Sen. Schumer and Sen. Gillibrand fought hard for these critical federal investments in scientific discovery and technological innovation. Congratulations also to the many organizations, including SUNY, that united behind the American Semiconductor Innovation Coalition (ASIC) to communicate the urgency of this moment.

The University at Albany stands ready to assist this important work in any way it can.”