Jeff Davis, Semiconductor Team co-leader and Project Development Practice Area co-chair, with assistance from Lauryn Fulton, associate, authored an article published by Silicon Semiconductor. In “International Suppliers: Finding Your Footing in New York’s Semiconductor Boom,” Jeff examines the unprecedented opportunities emerging from New York’s rapidly expanding semiconductor industry. Driven by major investments from Micron, GlobalFoundries, and Wolfspeed, the state is developing into a global semiconductor manufacturing corridor, creating significant demand for suppliers of equipment, materials, logistics, and related services.
The article explains that international suppliers seeking to participate in this growth must act early and strategically. Jeff highlights the importance of understanding the federal CHIPS and Science Act and New York’s Green CHIPS program, establishing a US legal presence, navigating export controls and other regulatory requirements, and building operational capabilities close to key manufacturing hubs. He also discusses the role of workforce development initiatives and regional economic development organizations in helping suppliers integrate into the ecosystem.
Jeff further outlines the state and federal incentive programs available to semiconductor supply chain companies, emphasizing that successful participation requires careful planning and long-term investment. He notes that suppliers that establish regional credibility, cultivate relationships, and align with New York’s economic development objectives will be best positioned to secure opportunities as the semiconductor supply chain continues to take shape.
Read the full article here to learn more about how international suppliers can position themselves for success in New York’s growing semiconductor manufacturing sector.