At a monthly board meeting of Empire State Development it was announced New York State will spend $250 million to support a 7-year $880 million semiconductor manufacturing research center at SUNY Polytechnic Institute in Albany. It will be led by semiconductor equipment maker Applied Materials. The lab will be known as Materials Engineering Technology Accelerator, or META Center. It will be located inside 24,000 square feet of Nano-Fab X which once housed SUNY Poly’s G450C program that concluded at the end of 2016.