American chip maker AMD inaugurates its largest global design centre in India
The US-based semiconductor company AMD on Tuesday inaugurated its largest global design centre in Bengaluru, as part of the USD 400 million India investment announced by the company in July.
The US-based semiconductor company AMD on Tuesday inaugurated its largest global design centre in Bengaluru, as part of the USD 400 million India investment announced by the company in July.
The 500,000-square-foot campus was inaugurated by Union Minister for Railways, Telecommunications, Electronics and Information Technology Ashwini Vaishnaw, the company said in a statement.
The campus plans to host approximately 3,000 AMD engineers in the coming years, focused on the design and development of semiconductor technology including 3D stacking, artificial intelligence, machine learning, and more.
The campus will serve as a centre of excellence for the development of leadership products across high-performance CPUs for the data centre and PCs, and gaming graphics processing units (GPUs).
“India's semiconductor program launched under the leadership of Honourable Prime Minister Narendra Modi lays strong emphasis on supporting the design and talent ecosystem for semiconductors.
AMD setting up its largest design centre in Bengaluru is a testament to the confidence global companies have in India,” Vaishnaw said.
AMD executive vice president and chief technology officer Mark Papermaster said, "This investment strengthens our relationship with India and showcases our confidence in the exceptional engineering talent that the country has to offer. This new design centre will help propel technology and product development across the AMD portfolio.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SRH vs GT IPL 2024 Ticket Booking Online: Where and how to buy SRH vs GT tickets online - Check IPL Match 66 ticket price, other details
Top 7 SWP Mutual Funds: Rs 50 lakh investment, Rs 70K monthly pension for 10 years, and Rs 42.30 lakh balance value; know more details
Gold and Silver rate today (May 13, 2024): Precious metal under pressure; yellow metal near Rs 72,400, white metal above Rs 84,600
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
06:17 PM IST