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Business executives present at the event praised India's developing technological industry. Indian Prime Minister Narendra Modi showed up at the SemiconIndia on Friday, where he met with the CEOs of well-known US semiconductor companies.
GANDHINAGAR, India : U.S. chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru.AMD's announcement was made by its Chief Technology Officer Mark Papermaster at an annual sem
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.
According to a recent announcement, US chipmaker Advanced Micro Devices (AMD) plans to invest approximately $400 million in India over the next five
Top chip manufacturers including Foxconn, AMD, Micron and IBM will attend the Semicon India conference in an effort to lure investments for India's chip industry and establish the country as the semiconductor manufacturing hub.