IBM is investing the lion's share with $3.6 billion to develop chips in 22 nm and 14 nm. There has been no information how Intel will invest its funds other than transitioning from 300 mm to 450 mm wafer technology, but the combined project is estimated to create a total of 2500 high-tech jobs and another 4900 (including 1900 additional construction jobs) that depend on those newly created positions. New York governor Andrew Cuomo also said that further investment will come from TSMC, Samsung and Globalfoundries.
2DayBlog.com, IBM, Intel invest $4.4 Billion in chip development in NY
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