AMD to invest USD 400 million in India in 5 years
(This story has not been edited by THE WEEK and is auto-generated from a PTI
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(This story has not been edited by THE WEEK and is auto-generated from a PTI
Advanced Micro Devices (AMD) plans to build its largest design centre in Bengaluru and invest around $400m in India over the next five years. The centre is expected to open by year-end and create 3,000 engineering jobs in India over five years. It will increase AMD's footprint in India from nine locations to ten, where the chipmaker already employs more than 6,500 people.
American multinational semiconductor Advanced Micro Devices (AMD) on July 28, announced it would invest approximately USD 400 million in India over the
US based Silicon Power Group will invest $121.73 million to set up a facility in Odisha state to make silicon carbide, a semiconductor component.
Indian Prime Minister Narendra Modi on July 28 inaugurated the 'Semicon India 2023' in Gandhinagar. While addressing the gathering at the event, PM Modi