Alain Kaloyeros, chief administrative officer at Albany Nanotech, has chastised Intel chairman Craig Barrett and technology strategist Paolo Gargini for spending too many research dollars outside the U.S. at the International Microelectronics Consortium (IMEC). Kaloyeros says few U.S. graduate students can work with industry researchers as they do at Albany Nanotech. Kaloyeros says the two Intel executives express concern over the fact that high-end research and development (R&D) is moving overseas, while continuing to do Intel's R&D at IMSEC. The reason, says Kaloyeros, is that they believe that IBM is an anchor tenant at Albany Nanotechnology. Kaloyeros also says a congressional delegation from the state of New York plans to confront Craig Barrett when he next goes to Washington, asking him to explain why Intel is putting high-technology investments in IMEC. Gargini, an Intel fellow, countered that most of Intel's efforts and spending on nanotechnology are concentrated in the U.S. He also says nanotechnology is a global effort not limited to the U.S., and that Intel, an American-based company, encourages a suitable level of investment by government and industry in nanotechnology to assure a leadership role for the U.S. A spokeswoman for Albany Nanotech predicts that by 2006, the research complex will have gotten $2 billion in state funding and an additional $500 million from IBM. Albany Nanotechnology is expected to announce the establishment of a major lithography research center with additional support from the state of New York. Development efforts of Albany Nanotech, IBM, Texas Instruments, Sematech, and Honeywell are highlighted.