AMD Invests $400M In India: New Campus To Spearhead AI, Semiconductor Advances

Zinger Key Points
  • AMD opens largest global design center in Bengaluru, aiming to house 3K engineers
  • AMD's $400 million investment in India boosts semiconductor R&D and Innovation

Advanced Micro Devices, Inc AMD has inaugurated its largest global design center in Bengaluru, India. 

The state-of-the-art campus plans to host approximately 3,000 AMD engineers in the coming years, focused on designing and developing semiconductor technology, including 3D stacking, artificial intelligence, and machine learning.

The AMD Technostar campus is part of the company's 400 million investment in India over the next five years, announced at Semicon India 2023. 

The campus will serve as a center of excellence for developing leadership products across high-performance CPUs for the data center and PCs, data center and gaming GPUs, and adaptive SoCs and FPGAs for embedded devices.

The 500,000-square-foot campus and office space features modern R&D labs spread over 60,000 square feet and a large demo center for visitors. 

Jaya Jagadish, AMD's India Country Head, said, "Today, 25% of AMD's global workforce is located in India, and they support the development of AMD leadership products for data center, gaming, PC and embedded customers."

In 2021, India launched a $10 billion incentive program for the chip sector.

Price Action: Shares of AMD were trading 0.6% lower to $121.85 at last check Tuesday.

Now Read: S&P 500 At 5,000 In 2024? Bank of America's Optimistic Forecast Diversifies Beyond Magnificent 7

Photo: Shutterstock

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