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US chipmaker AMD to invest $400m in India

by Blitz India Media
July 28, 2023
in International
Advanced Micro Devices
Team Blitz India

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.

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“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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