NEW YORK - International Business Machines Corp. and Intel Corp. will invest $4.4 billion over five years to create a hub for next-generation computer chip technology in New York, Governor Andrew Cuomo said yesterday.
IBM will spend $3.6 billion to develop computer chips using 22-nanometer and 14-nanometer process technology, said Michael Loughran, a company spokesman. Intel, IBM, Globalfoundries Inc., Taiwan Semiconductor Manufacturing Co., and Samsung Electronics Co. will focus on transforming 300-millimeter wafer technology into 450- millimeter technology, which will produce twice the number of chips. “This is really all about the computing systems IBM and others will construct using advanced technologies,’’ said John Kelly, senior vice president.
