Green CHIPS Initiative

By passing Green CHIPS, New York has shown that we are ready to do our part to address the national semiconductor chip shortage, and that we can balance economic opportunity with environmental sustainability. With up to $10 billion in economic incentives for environmentally friendly “Green CHIPS” semiconductor manufacturing and supply chain projects—alongside a host of shovel-ready sites, cutting-edge R&D infrastructure and a talented workforce—New York State offers the semiconductor industry the nation’s most compelling advantages for doing business here. New York State is leading the nation by offering a State-level, companion incentive to the federal CHIPS incentives. Green CHIPS incentives will help attract thousands of jobs and billions of dollars to cement New York as the nation’s leader in the domestic reshoring of semiconductor manufacturing—all while helping address supply chain shortages, inflation and national security.