4 SUPPLY CHAIN OPPORTUNITY GUIDE
GROWING NE W YORK STATE'S SEMICONDUC TOR SUPPLY CHAIN:
THE OPPORTUNIT Y
Semiconductor fabrication (fab) facility capacity and
the semiconductor supply chain continue to grow
throughout the United States as industry, academia
and governments invest in capital, research and
development and infrastructure. As of January 2026,
over $645 billion dollars in private investments in the
U.S. semiconductor supply chain have been announced,
supporting more than 525,000 jobs across the nation.
1
Worldwide semiconductor sales have grown rapidly in
recent years, demonstrating 61.8% year-to-year growth,
as of February 2026. In dollars, sales have increased
from $630.5 billion in 2024 to an estimated $1 trillion by
the end of 2026, achieving this milestone four years
earlier than previously anticipated.
2, 3, 4
Since 2020, more than $131 billion in New York State
semiconductor investments have been announced for
new facility development and expansion by AMD,
Corning, Edwards Vacuum, GlobalFoundries, Menlo
Microsystems, Micron Technology, NY Creates, Onsemi,
TTM Technologies and Wolfspeed.
1
In parallel, New York State Gov. Kathy Hochul launched
the $10 billion Green CHIPS program, and established
the Governor's Office of Semiconductor Expansion,
Management, and Integration (GO-SEMI) within
Empire State Development, equipping the state with
resources needed to expand and scale a globally
competitive semiconductor ecosystem.
5
1
Semiconductor Industry Association. (2026). Semiconductor Supply Chain Investments. https://www.semiconductors.org/chip-supply-chain-investments
2
Semiconductor Industry Association. (2025). 2025 factbook. https://www.semiconductors.org/wp-content/uploads/2025/05/2025-SIA-Factbook-FINAL-1.pdf
3
Semiconductor Industry Association. (2026). Global Semiconductor Sales Increase Substantially in February. https://www.semiconductors.org/global-semi
conductor-sales-increase-substantially-in-february/
4
McKinsey. (2024). Exploring new regions: The greenfield opportunity in semiconductors. https://www.mckinsey.com/industries/semiconductors/our-insights/
exploring-new-regions-the-greenfield-opportunity-in-semiconductors
5
New York State. (2023). Governor Hochul announces GO SEMI: the Governor's Office of Semiconductor Expansion, Management, and Integration
https://www.governor.ny.gov/news/governor-hochul-announces-go-semi-governors-office-semiconductor-expansion-management-and
6
Empire State Development. (n.d.). Semiconductors: America's semiconductor comeback begins in NYS. https://esd.ny.gov/industries/semiconductors
BY 2034,
ONE IN FOUR
AMERICAN-MADE CHIPS
WILL BE MANUFACTURED
WITHIN
350 MILES
OF THE NY SMART
I-CORRIDOR REGION.
6
