Steve Grzanich has the business news of the day with the Wintrust Business Minute.

The State of Illinois is reportedly trying to land chip maker Nvidia. Bloomberg reports the company made a site visit to the Illinois Quantum and Microelectronics Park in Chicago at the former U.S. Steele site on the south side. Nvidia makes graphics-processing chips used in artificial intelligence software and computers. It’s one of the most valuable traded companies in the world. The company hasn’t commented on the site visit. IBM has already announced it will have a presence at the park and the addition of Nvidia would be a major win for the state. It’s hoped the quantum park will result in $20 billion worth of investment over five to ten years. 

Also, the University of Chicago has landed a big investment for its research into drugs and treatments. Listen for more below: