The American chipmaker Advanced Micro Devices (AMD) announced on Friday that it will spend $400 million in India over the following five years and that Bengaluru will become the site of its largest design facility.
U.S. chipmaker Advanced Micro Devices (AMD.O) said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru.
On Friday, the annual semiconductor conference in Gujarat, the home state of Prime Minister Narendra Modi, began. AMD’s Chief Technology Officer Mark Papermaster made the news. Young Liu, chairman of Foxconn, and Sanjay Mehrotra, CEO of Micron, are among the other speakers at the main event.
AMD said that it would open the design centre in Bengaluru by the end of the year, and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said.
The new 500,000-sq-ft campus will be the latest addition to AMD’s footprint in India. It will increase the company’s office count in the country to 10 locations. AMD already has over 6,500 employees in India.
Image Source – Gadgets 360
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