"The work IBM and TEL have done together over the last 20 years has helped to push semiconductor technology innovation, providing many generations of chip performance and energy efficiency to the industry," said Mukesh Khare, GM of IBM Semiconductors and VP of Hybrid Cloud, IBM. "We are thrilled to continue our collaboration at this critical time to accelerate chip innovations that can fuel the era of generative AI."

"IBM and Tokyo Electron have built a strong relationship of trust and innovation through years of joint development," said Toshiki Kawai, Representative Director, President & CEO of Tokyo Electron . "We are excited to extend our partnership with IBM for another five years. This renewed agreement underscores our mutual commitment to advancing semiconductor technologies, including patterning processes with High NA EUV."
The collaboration will continue at the Albany NanoTech Complex, the world's leading ecosystem for semiconductor research, owned and operated by NY CREATES. This facility has been instrumental in driving innovation and was recently selected as America's first National Semiconductor Technology Center, the NSTC EUV Accelerator. IBM and TEL researchers will utilize this unique ecosystem and its R&D capabilities to push the boundaries of semiconductor technology.
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