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New Delhi, July 28 (IANS) Chipmaker AMD on Friday announced plans to invest about $400 million over the next five years to expand research, development, and engineering operations in India.
In a boost for Indias Semiconductor Mission, California-based Advanced Micro Devices (AMD) will invest $400 million in India, its chief technology officer said at the Semicon India 2023 conference in Gujarat. This and more in todays ETtech Top 5.
Cellnex seeks debt remedy as it grows salesToyota to sell a slice of its KDDI stakeAMD is the latest vendor to invest heavily in India
US chipmaker Advanced Micro Devices (AM) on Friday announced a $400 million investment in India over the next five years and said it will build its largest design centre in Bengaluru. AMD chief technology officer Mark Papermaster made the announcement at the annual semiconductor conference in the presence of Prime Minister Narendra Modi. Undeterred by Taiwan's Foxconn pulling out of his group's $20 billion semiconductor-making venture, mining baron Anil Agarwal said the first phase of Vedanta's chip-making project will be ready in two-and-a-half years.
American multinational semiconductor Advanced Micro Devices (AMD) on Friday announced it would invest approximately $400 million in India over the next five years.