Argonne National Laboratory

Several New York State economic development agencies have joined forces with the Buffalo Niagara Enterprise under the marketing umbrella ‘NY Loves Nanotech’. The collaboration's aim was to gain support for the region's semiconductor industry during a global nanotech conference in San Francisco.

The annual SEMICON West conference brings together business representatives and professionals from around the world to promote business opportunities in the nanotechnology industry.

Director of Investor and Public Relations for BNE, Paul Pfeiffer, says New York State was able to showcase their success in the semiconductor industry, through the products of their client Globalfoundries, based in Rochester.

Marie Cusick / WMHT

The GlobalFoundries computer chip manufacturer announced earlier this week that the company will move forward with construction of a new research and development facility at its Fab 8 campus in Malta.

The facility, which will be called the Technology Development Center (TDC) represents another $2 billion investment in the Capital Region by the company, bringing the overall total to $8 billion. They cite a shift in the computing industry from PCs to mobile devices, which has driven demand for their chips.

The DEMO Conference / via Flickr

Communities all over the world are vying to become "the next Silicon Valley" and New York's Capital District is no exception.

The local Chamber of Commerce came up with the nickname Tech Valley over a decade ago and it's finally starting to catch on. But despite the growth of technology companies, the area around Albany is still a far cry from that other, more famous valley in California.

So what is next for Tech Valley? And how can it grow?

That was the topic of a panel discussion on Thursday afternoon hosted by the computer chip manufacturer, GlobalFoundries. The guest of honor was technology pioneer, and co-founder of Apple, Steve Wozniak.

Here's some of his advice:

Marie Cusick / WMHT

The massive GlobalFoundries computer chip manufacturing plant outside of Albany will soon grow even larger.

The company announced an additional $2.3 billion investment at its Malta site earlier this week.

The plans call for an expansion of the cleanroom space where the company builds 300 millimeter computer chip wafers. The chips are used in everything from computers, to cell phones, and cars.

jurvetson / via Flickr

Top executives and CEOs of computer chip companies from around the world are together in Saratoga Springs this week for the 16th annual meeting of the World Semiconductor Council (WSC).

This is the first time the meeting is being held in the Albany area.

It's another sign of the Capital Region's growing importance in the world of advanced manufacturing.