Chip maker AMD has announced an investment of $400 million in India, which will include building a new campus in Bengaluru. AMD Executive Vice-President and Chief Technology Officer Mark Papermaster made this announcement at the Semicon India 2023, which was inaugurated by Prime Minister Narendra Modi at Gandhinagar on Friday morning. The new 5-lakh square-foot campus at Bengaluru will increase the AMD office footprint to 10 total locations across New Delhi, Gurgaon, Hyderabad, and Mumbai. AMD began its operations in India in 2001 by opening a centre in New Delhi. “By further investing and expanding our presence in Bangalore, we are committed to driving innovation in India to support the India Semiconductor Mission,” he said.

Source: The Hindu July 28, 2023 12:00 UTC