New Delhi: Chipmaker AMD on Friday introduced plans to speculate about $400 million over the following 5 years to develop analysis, growth, and engineering operations in India. The deliberate funding features a new AMD campus in Bangalore that may function the corporate’s largest design centre, in addition to the addition of roughly 3,000 new engineering roles by the top of 2028.
The new AMD campus is anticipated to open earlier than the top of 2023 and can function intensive lab area, state-of-the-art collaboration instruments, and seating configurations designed to foster teamwork.
“I welcome AMD’s decision to set up its largest R&D design centre in India and expansion of the India-AMD partnership,” Rajeev Chandrasekhar, Minister of State for Electronics and IT, Skill Development and Entrepreneurship, stated in a press release.
“It will also provide tremendous opportunities for our large pool of highly skilled semiconductor engineers and researchers and will catalyse Prime Minister Narendra Modi’s vision of India becoming a global talent hub,” he added.
The funding is supported by the varied coverage initiatives of the Central authorities, focussing on the semiconductor trade.
“AMD has one of the industry’s broadest product portfolios fueled by growth in artificial intelligence, networking and 6G communications, and our India teams will continue to play a pivotal role in delivering the high performance and adaptive solutions that support AMD customers worldwide,” Mark Papermaster, government vp and chief know-how officer, AMD, stated in a press release.
AMD has been part of the Indian semiconductor ecosystem since 2001 when the corporate opened its first workplace in Delhi.
The new 5,00,000-square-foot Bangalore campus will improve the AMD workplace footprint to 10 complete places throughout these cities — Bangalore, Delhi, Gurgaon, Hyderabad and Mumbai.
