AMD plans to invest around $400 million in India over the next five years and set up its largest design center in the country’s southern city of Bengaluru as the chipmaker joins the growing list of firms that are backing the South Asian nation’s ambition of becoming a semiconductor manufacturing hub.
AMD CTO Mark Papermaster announced the chipmaker’s investment plans on Friday at the annual semiconductor conference SemiconIndia 2023 in Prime Minister Narendra Modi’s home state of Gujarat.
“Our investment will build on over two decades of growth and successful presence here in India,” said Papermaster in his keynote.
AMD will expand its footprint in India with the opening of its new design center in Bengaluru by the end of this year. Covering an area of 500,000 square feet, this new facility will bring the total number of AMD offices in India to 10, including locations in Delhi, Gurugram, Hyderabad and Mumbai.
“Through these investments, AMD will further expand our R&D capabilities in India to be able to drive our semiconductor design innovation in support of the government’s India semiconductor mission and drive to make India a strong semiconductor talent and nation,” he added…..