Gandhinagar, July 28: AMD on Friday announced an investment of USD 400 million in India over five years, and said the company will be a strong partner in building India's semiconductor ecosystem. The company will open a new research and development campus in Bengaluru, which will be its largest such facility in the world. Semicon India Conference 2023: American Chipmaker AMD to Establish Largest Design and R&D Centre in India with USD 400 Million Investment Over Five Years.

AMD Announces To Invest USD 400 Million in India

"AMD will invest USD 400 million in India in 5 years," Mark Papermaster, EVP and CTO of AMD, said addressing SemiconIndia 2023 here. AMD will build on its two decades of growth and successful presence in India, he said, adding that the company expects to add 3,000 additional engineers in India by 2028, as it extends R&D capabilities in the country.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)