New York leaders vow to protect CHIPS Act investments amid Trump’s call for funding cuts

CAPITAL REGION, NY (WRGB) — There are questions about the future of jobs in New York created by the CHIPS and Science Act.

Tuesday night in his address to Congress President Trump asked for the money to go elsewhere.

The funding has become a multi-billion dollar investment in New York.

“Your CHIPS act is a horrible, horrible thing; you should get rid of the CHIPS Act, and whatever is left over, Mr. Speaker, you should use it to reduce debt,” said President Trump.

Meanwhile, Democratic lawmakers from New York disagree.

“That’s a major issue for my district in Upstate New York with Micron and Syracuse, Global Foundries in Malta, helping the former IBM location in Binghamton with battery manufacturing,” said Congressman Paul Tonko. “All of this was enabled by the CHIPS and Science Act.”

Right now it is unclear what the future holds for New York chip manufacturers.

Governor Kath Hochul sent CBS6 a statement in part “As the largest recipient of CHIPS funding, New York State is at the forefront of this effort, with historic investments from companies like Micron that will drive innovation and economic growth for generations to come. While we are aware of the President’s comments last night, the CHIPS Act and its legally-binding financial commitments remain in effect and we are confident that critical investments from Micron, Globalfoundries and other advanced manufacturing companies will move forward.”

NY Creates in Albany was named the flagship facility as the National Technology Semiconductor Center (NTSC) earlier this year; that announcement came with an $825 million investment under the legislation.

In a statement sent to CBS6 “We are monitoring the federal government’s statements and actions and factoring them into our strategic planning. We are continuing to move forward with Natcast, the third-party operator for the NSTC, to implement the EUV accelerator. We remain firmly committed to supporting the NSTC.”

Albany County Executive Dan McCoy says they haven’t been told of any federal funding cuts .

“You know, it affects 50,000 jobs in New York state, not including the $1 billion investment from Governor Hochul, but the $9 billion invested from private companies that want to go there. It’s a huge impact on the capital district, especially here at Albany county, but also on the impact on the state of New York.”

Onondaga County also received significant funding for the Micron facilities.

Republican County Executive Ryan McMahon said in a statement on x saying any insinuation the funding for micron is in jeopardy is misguided and they are committed to executing the historic investment.”

All this comes as the Trump administration announced a $100 billion partnership with a Taiwanese chip manufacturer.

“The greatest manufacturer of chips in the world is coming to America with a $100 billion investment,” said Commerce Secretary, Howard Lutnick. “Of course that is backed by the fact that they can come here because they can avoid paying tariffs.”