The investment is expected to create the chip maker's largest global design centre, adding 3,000 engineering roles in Bengaluru
AMD, which is attempting to challenge artificial intelligence (AI) chip leader Nvidia, plans to invest approximately $400 million over the next five years in India, adding fillip to the government’s efforts to make the country a major global semiconductor industry hub.
The investment will include the establishment of a new cutting-edge campus in Bengaluru, serving as the company's largest design center worldwide, AMD, known especially for its gaming and professional graphics GPUs, said in a press release, coinciding with India’s Semicon event that concluded last week.
The three-day event saw strong interest and participation of delegates from around the world, ranging from semiconductor giants to venture capital investors looking to get a sense of the ecosystem’s prospects in India.