Research development

Biden at IBM talks investments in technology research and development

to play

President Joe Biden’s Thursday visit to IBM in Poughkeepsie showcased his administration’s strategy to invest heavily in high-tech research and development, which he sees as the foundation of 21st-century manufacturing in the United States.

Biden’s Dutchess County stop came as IBM aims to create a global hub for quantum computing development in Poughkeepsie and continues research at the Albany Nanotech Complex on its 2-nanometer chip, which is expected to achieve higher performance and use much less power than chips used today.

Biden toured the labs at the sprawling IBM campus off Route 9, where the tech giant manufactures mainframe computers and houses the company’s quantum computing center. The company employs approximately 7,500 people in the Hudson Valley and 11,000 statewide.

He delivered his speech in Building 52, a warehouse decorated with an American flag behind the podium and “Made In America” ​​signs attached to shelves where IBM products were stacked, ready to ship. He pledged to revive American manufacturing, based on investments in technology in places like Poughkeepsie and Syracuse.

“Where is it written that we cannot be the first manufacturing country in the world?” Biden asked.

Trip to Poughkeepsie: Biden visits New York as IBM announces $20 billion program

Technology: Micron invests $100 billion in Central NY semiconductor hub. How many jobs will it bring?

HOW ARE YOU : Most NY Child Victims Act Complaints Are Dismissed: Why and What’s Being Done

Brian Deese, director of the National Economic Council, who spoke to reporters during Biden’s flight to New York, said investing in technology research will pay dividends across the U.S. economy.

“What you see is a historic effort to lay the foundation for public investment for an unprecedented level of private investment in areas of economic importance – where there are significant opportunities to increase economic productivity, and also where we have an economic crisis and need for national security,” Deese said. “And those things come together here and at IBM.”

Supply chain issues, which erupted during the COVID-19 pandemic, continue to plague U.S. companies, especially those that rely on semiconductor chips, most of which are made overseas. Biden said the United States once made 30% of the world’s computer chips. Today it’s almost 10%, he said.

“The supply chain is going to start here and end here in the United States,” Biden said.

The visit to IBM was a way to highlight the bipartisan CHIPS and Science Act, the $280 billion legislative package Biden signed in August that will support research and development in the semiconductor industry through grants, loans and tax credits. It will fund scientific research and strengthen New York’s semiconductor industry, which employs about 34,000 people.

It also provides $13 billion for workforce training and an additional $11 billion for regional innovation hubs.

Biden’s stop in Poughkeepsie came two days after semiconductor maker Micron announced it would invest $100 billion over 20 years in a factory in Syracuse.

Among those present was Joan Becker of Lewisboro, who said she wrote hundreds of postcards in support of Democratic candidates this campaign season.

“The Hudson Valley is an appropriate place for the president’s message on technology,” Becker said. “We need more good jobs here.”

Biden said the good news about tech investment in New York is part of a nationwide effort to attract businesses to the United States in a bid to reverse the decline in manufacturing here.

“They’re choosing America,” Biden said. “We are coming back and leading the way.”

The announcement of IBM’s commitment to invest $20 billion in the Hudson Valley over the next few decades comes as IBM strives to rebound from a 38% decline in revenue since 2018 , with IBM’s takeover beginning in 2021. IBM Research Centers are located in Poughkeepsie, Yorktown Heights and Albany.

IBM Chairman and CEO Arvind Krishna, who recalled that President Dwight D. Eisenhower came to Poughkeepsie for the dedication of an IBM building in 1949, said the CHIPS and Science Act would support the efforts of ‘IBM to develop the next generation of computer chips and artificial intelligence platforms. , and expand its exploration of how to use quantum computing in business and science.

“The future of computing is happening in the Hudson Valley,” he said.

politics in the air

With a month to go before the midterm elections, politics was in the air in the warehouse and around the corner at the entrance to IBM. There, a group of protesters waved flags that used a common epithet to denigrate President Biden.

The Hudson Valley is seen as one of the battlegrounds for control of the US House in 2023, with three races – for the 17e18e and 19e Congressional Districts – considered competitive by the Cook Political Report.

Dutchess County Executive Marc Molinaro, R-Tivoli, who attended Biden’s visit, shows up in the 19e District, extending from the Hudson Valley west to Ithaca. He criticized Biden for embedding the policy into a valid government program to spur technological advancement.

“Election-year giveaways to encourage tech giants to do what they should, even though it may be necessary, shouldn’t be politicized,” Molinaro said. “Instead, President Biden must take inflation, rising heat and gas prices, and the out-of-control crime that is devastating our families and communities seriously.”

Representatives Sean Patrick Maloney, D-Cold Spring, leads the 17eand Pat Ryan, D-Kingston, running 18etook the opportunity to reflect on how the government has helped their families in the past and how this would help the region moving forward.

Maloney recalled how his father, who was injured on an American battleship, recovered in a veterans hospital, went to college on the GI bill and raised a family of eight in his job at home. US Steel.

Well-paying tech jobs will help the next generation in New York, he said.

“That means jobs, jobs, jobs – whether you have a high school diploma, college education or a doctorate,” he said. “It will mean a bright economic future – hundreds of billions of dollars invested over the next few decades – from the Hudson Valley to central New York so that we can lead the world in computing and advanced manufacturing.

Ryan said his grandfather had worked for IBM for 36 years and noted that he lost half the children in his elementary school class after a local manufacturing plant closed. He said the CHIPS and Science Act will pave the way for a resurgence of American manufacturing to counter progress in Asia.

“We need a domestic manufacturing strategy to stay competitive against opponents like China,” he said. “We will do this with governments working together at all levels.”

USA TODAY White House correspondent Maureen Groppe contributed to this report. Follow David McKay Wilson on Twitter @davidmckay415.

Subscribers can sign up for its weekly newsletter. Read his chronicles in the archives.