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Press Release: Senator Chuck Schumer Celebrates Opening of America's First National Semiconductor Technology Center in Albany

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The National Semiconductor Technology Center opened in Albany, enhancing semiconductor research and manufacturing in the U.S.

Quiver AI Summary

U.S. Senate Minority Leader Chuck Schumer announced the official opening of America's first National Semiconductor Technology Center (NSTC) at Albany NanoTech, a significant development in semiconductor research and manufacturing. Schumer emphasized that this facility, created under his CHIPS & Science Law, positions Upstate New York as a central hub for advanced semiconductor technology, stating it will attract global companies to the region and enhance domestic production capabilities.

According to Schumer, the NSTC will leverage state-of-the-art machinery for microchip development and serve as a collaborative space for industry leaders, researchers, and educators. The facility is equipped with an Extreme Ultraviolet (EUV) Accelerator, essential for creating next-generation chips. The grand opening symbolizes a new era for American semiconductor innovation, aiming to counter global competition, particularly from countries like China. The NSTC is expected to not only bolster the economy in Upstate New York but also create thousands of jobs as the U.S. seeks to re-establish leadership in semiconductor manufacturing.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

Charles E. Schumer Net Worth

Quiver Quantitative estimates that Charles E. Schumer is worth $1.8M, as of July 14th, 2025. This is the 229th highest net worth in Congress, per our live estimates.

Schumer has approximately $0 invested in publicly traded assets which Quiver is able to track live.

You can track Charles E. Schumer's net worth on Quiver Quantitative's politician page for Schumer.

Charles E. Schumer Bill Proposals

Here are some bills which have recently been proposed by Charles E. Schumer:

  • S.2009: Charles B. Rangel Congressional Gold Medal Act
  • S.1929: SEPSIS Act
  • S.1804: Presidential Airlift Security Act of 2025
  • S.1741: Truth in Tariffs Act
  • S.1263: Operational Security Act of 2025
  • S.877: Roberto Clemente Commemorative Coin Act

You can track bills proposed by Charles E. Schumer on Quiver Quantitative's politician page for Schumer.

Charles E. Schumer Fundraising

Charles E. Schumer recently disclosed $116.3K of fundraising in a Q1 FEC disclosure filed on April 15th, 2025. This was the 435th most from all Q1 reports we have seen this year. 100.0% came from individual donors.

Schumer disclosed $434.2K of spending. This was the 71st most from all Q1 reports we have seen from politicians so far this year.

Schumer disclosed $9.0M of cash on hand at the end of the filing period. This was the 13th most from all Q1 reports we have seen this year.

You can see the disclosure here, or track Charles E. Schumer's fundraising on Quiver Quantitative.

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