US Based AMD to invest $400 bn in bengaluru in order to setup design centre
technology

31-Jul-2023, Updated on 7/31/2023 3:25:17 AM

US Based AMD to invest $400 bn in bengaluru in order to setup design centre

Playing text to speech

Highlights

  • AMD, a leading global semiconductor company, will invest $400 million in India over the next five years to build its largest design center in Bengaluru.
  • The new design center will be located in the Whitefield area of Bengaluru and will create 3,000 new engineering jobs.
  • The investment by AMD is a major vote of confidence in India's semiconductor ecosystem.
  • The new design center will focus on the development of next-generation AMD products, including processors, graphics chips, and other semiconductor solutions.
  • The investment by AMD is a significant win for the Indian government and a major boost for the Indian economy.
  • The investment is expected to have a significant impact on the Indian semiconductor industry, creating high-quality jobs, boosting the talent pool, and developing the semiconductor ecosystem.
  • The investment is also expected to attract other foreign investment in the semiconductor sector and make India a more competitive player in the global semiconductor market.

Advanced Micro Devices (AMD), a leading global semiconductor company, has announced that it will invest $400 million in India over the next five years to build its largest design center in Bengaluru. The new design center will be located in the Whitefield area of Bengaluru and will create 3,000 new engineering jobs.

The investment by AMD is a major vote of confidence in India's semiconductor ecosystem. AMD is a leading supplier of high-performance processors and graphics chips, and its new design center in Bengaluru will be a major boost to the Indian semiconductor industry.

The new design center will focus on the development of next-generation AMD products, including processors, graphics chips, and other semiconductor solutions. The center will also work on developing new technologies for the automotive, cloud, and gaming industries.

The new 500,000-square-foot (55,555 square yards) grounds will expand AMD's office impression in India to 10 areas. It as of now has in excess of 6,500 representatives in the country.

Papermaster emphasized that AMD's investment will build on the company's successful growth and presence in India over the past two decades. The upcoming design center, which is expected to be operational by the end of the year, will be the tenth AMD office in India and will cover an impressive 500,000 square feet. The company currently has locations in Delhi, Hyderabad, Mumbai, and Gurugram.

AMD's research and development capabilities in India are anticipated to significantly increase with the opening of the new design center. The Indian government's "India semiconductor mission" and its broader goal of cultivating a robust semiconductor talent pool are in line with this move, which will enable the chipmaker to drive innovation in semiconductor design.

From PCs to data centers, AMD chips are utilized in a large number of gadgets. The St Nick Clara, California-put together firm is likewise working with respect to a man-made consciousness chip that will take on market pioneer Nvidia Corp.

AMD's investment in India is in line with the company's global expansion plans. AMD is also investing in new design centers in other countries, such as China and Japan.

The investment by AMD is a significant win for the Indian government. The government has been making efforts to attract foreign investment in the semiconductor sector, and AMD's investment is a major step in the right direction.

The new design center will create high-quality jobs in India. The jobs will be in the areas of engineering, design, and product management. The center will also provide opportunities for Indian students to gain experience in the semiconductor industry.

Impact of the investment

The investment by AMD is expected to have a significant impact on the Indian semiconductor industry. The center will create 3,000 new engineering jobs, which will help to boost the talent pool in the industry. The center will also work with local partners to develop the ecosystem and create a vibrant semiconductor industry in India.

The investment by AMD is also expected to attract other foreign investment in the semiconductor sector. The center will demonstrate to other companies that India is a good place to invest in the semiconductor industry.

The investment by AMD is a major boost for the Indian government's efforts to make India a global hub for semiconductor design and development. The center will help to make India a more competitive player in the global semiconductor market.

Dissimilar to its top opponent Intel, AMD reevaluates creation of chips it plans to outsider makers like Taiwan's TSMC.

US Based AMD to invest $400 bn in bengaluru in order to setup design centre

TSMC and Samsung in South Korea are two of the few global chipmakers who have mastered cutting-edge chipmaking, a technology that many nations are now competing for to avoid supply chain shocks like the pandemic faced.

India in 2021 divulged a $10 billion motivator program for the chip area, however the arrangement has fumbled as no organization has so far figured out how to get leeway for setting up a manufacturing plant, the focal point of Modi's desires.

Other investments in India include chipmaker Micron's $825 million investment in a semiconductor testing and packaging unit in Gujarat and Applied Materials' (AMAT.O) multi-year $400 million plan to establish an engineering center.

Benefits to India

The investment by AMD will bring a number of benefits to India, including

  • Creation of high-quality jobs in the semiconductor sector
  • Boost to the talent pool in the semiconductor industry
  • Development of the semiconductor ecosystem in India
  • Attraction of other foreign investment in the semiconductor sector
  • Increased competitiveness of India in the global semiconductor market

As India endeavors to turn into a key part in semiconductor production, AMD's significant venture and the foundation of its state of the art configuration focus in Bengaluru could go about as an impetus for additional mechanical headways, work creation, and financial development in the country's innovation area.

User
Written By
I am Drishan vig. I used to write blogs, articles, and stories in a way that entices the audience. I assure you that consistency, style, and tone must be met while writing the content. Working with th . . .

Comments

Solutions