Page 17 - Mark Papermaster News Today : Breaking News, Live Updates & Top Stories | Vimarsana

AMD plans to invest $400 million over the next five years to expand operations in India. AMD to build new India campus in Bangalore, largest R&D facility in the world

AMD's announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi's home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra.

US-based technology company AMD has announced it will invest $400mn in India over a five-year period and open its research and development centre in Bengaluru. The decision was welcomed by India's Minister of State for IT and Electronics, Rajeev Chandrasekhar, who said it will help develop a strong semiconductor design and innovation ecosystem in the country while providing opportunities for skilled semiconductor engineers and researchers and catalysing India's goal of becoming a global talent hub.

U.S. chipmaker Advanced Micro Devices (AMD) said it will invest around $400 million in India over the next five years

India News: GANDHINAGAR: PM Narendra Modi drew comparison between a conductor in a chip and India and said that the country is playing the role of a great conduct.