The scale of opportunity in New York’s semiconductor industry is hard to overstate. Since 2020, more than $131 billion in investments have been announced in New York, and new fabrication plants are rising across the Buffalo-Rochester-Syracuse region. This area is quickly becoming a national hub for advanced manufacturing and innovation.
To help businesses navigate this growing ecosystem and find ways to get involved, the Center for Supply Chain Analytics in the University at Buffalo School of Management released the NY SMART I-Corridor Opportunity Guide. The resource highlights what makes New York’s semiconductor supply chain so competitive, including historic private sector investments, billions in state and federal funding, and a growing network of technical support and workforce programs.
Inside the Guide
The Opportunity
New York offers a range of supports, including tax credits, grants, utility discounts, and expert technical assistance. Its research and development capacity is strong, with major investments like the $10 billion NY CREATES High-NA EUV center. Workforce training is also a focus, led by the $200 million ON-RAMP program, part of a larger $550 million commitment.
Buying Needs
Semiconductor Manufacturers like Intel, GlobalFoundries, Micron, Onsemi, and Wolfspeed work with more than 169 suppliers across the globe and are increasingly seeking regional partners to localize and diversity their supply chains. IBM, ASML, Applied Materials, 3M, and Newmont are among the top suppliers, sourcing materials and components from more than 175 smaller companies. There is also rising demand for logistics, warehousing, equipment maintenance, and machining. The Guide details the specific products buyers are looking to source locally, and will be updated frequently as buyer needs are identified and cataloged.
Supplier Requirements
The Guide takes a closer look at what it takes to work with leading fabs like Intel, Micron, TSMC, and Qualcomm, including certifications for quality, safety, sustainability, cybersecurity, and business continuity.
How to Get Involved
The Guide outlines how businesses can plug into New York’s growing supply chain with details on funding, workforce development, supplier readiness tools, and more. Whether you are already part of the industry or exploring ways to break in, the support is here.
Your Role in New York’s Semiconductor Future
The semiconductor industry in New York is transforming the region into a hub for innovation and advanced manufacturing. The NY SMART I-Corridor Opportunity Guide helps you understand this growing ecosystem and shows how your business can get involved. Whether you are a supplier, service provider, or emerging company, the guide offers resources to help you succeed in this fast-growing industry. Don’t miss your chance to be part of New York’s semiconductor future.
Explore the full guide here.
