Cree

In the town of Marcy, just outside of Utica, construction is underway on what's being billed as the largest semiconductor chip fabrication facility in the world.

Legislation working its way through Congress aims to address a national shortage of semiconductor chips, which are used in everything from smartphones to vehicles, by providing subsidies for domestic manufacturers. Some local officials think upstate could stand to benefit from the proposal in a major way.

Gov. Andrew Cuomo announced a $1 billion high-tech development project on the State University of New York’s Polytechnic Institute campus near Utica.It’s…

UTICA, N.Y. (AP) — Cree Inc., a Durham, North Carolina-based semiconductor manufacturer, will invest $1 billion in a new factory in upstate New York,…