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US chipmaker AMD to invest $400m in India

by Blitzindiamedia
July 28, 2023
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GANDHINAGAR: American multinational semiconductor Advanced Micro Devices (AMD) on July 28, announced it would invest $400 million in India over the next five years. The announcement was made at the ongoing Semicon India Conference 2023 being held here.

AMD’s planned investment includes a new AMD Campus in Bengaluru that will serve as the company’s largest design and R&D centre. It intends to create 3,000 new engineering roles by the end of 2028 in India.

“The new AMD Campus is expected to open before the end of 2023 and will feature extensive lab space, state-of-the-art collaboration tools and seating configurations designed to foster teamwork,”AMDsaid in a release by its Chief Technology Officer, Mark Papermaster.

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