AMD to invest USD 400 million in India in 5 years

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.

AMD to invest USD 400 million in India in 5 years
The company will open a new research and development campus in Bengaluru, which will be its largest such facility in the world. Image Courtesy: Reuters.

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.

"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.

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Updated: Fri, Aug 04, 2023
01:40 PM IST
PTI
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