US-based semiconductor manufacturer Advanced Micro Devices (AMD) revealed plans to invest approximately $400 million in the next five years to establish its largest design center in Bengaluru, India. During the semiconductor conference that began on July 28 in Gujarat, Mark Papermaster, the Chief Technology Officer of AMD, made the announcement.
All About AMD’s Plans
AMD’s upcoming design center is slated to open its doors in Bengaluru by the end of this year, creating 3,000 new engineering positions within the following five years. Mark Papermaster emphasized the crucial role the India teams will play in delivering high-performance and adaptable solutions to support AMD’s global clientele.
This new campus will span an impressive 500,000 square feet and become the latest addition to AMD’s presence in India. With the inclusion of this center, the company will have a total of 10 office locations across the country. Presently, the company boasts a workforce of over 6,500 employees in India.
Furthermore, Mark Papermaster highlighted that the company intends to bolster its research and development capabilities in India. As a company whose chips are utilized in a wide range of devices, from personal computers to data centers, the US-based company is also actively engaged in the development of an artificial intelligence chip.
The conference showcased notable industry leaders, such as Foxconn‘s Chairman Young Liu, Micron’s CEO Sanjay Mehrotra, and Vedanta’s Anil Agarwal. Micron had previously disclosed plans to invest $825 million in a semiconductor testing and packaging unit in Gujarat.
Named ‘SemiconIndia 2023,’ the conference was organized by India Semiconductor Mission in collaboration with industry stakeholders and associations. The primary objective of the event is to position India as a global hub for semiconductor design, manufacturing, and technology development. AMD’s significant investment further solidifies India’s standing in the semiconductor industry and opens up new opportunities for technological advancement in the country.
