AMD plans to invest $400 mn in India to expand R&D, engineering operations
American semiconductor company Advanced Micro Devices (AMD) on Friday announced plans to invest $400 million in India over the next five year. The planned investment includes a new AMD campus in Bangalore, Karnataka that will serve as the company’s largest design center, as well as the addition of approximately 3,000 new engineering roles by the end of 2028. The AMD new campus is expected to open before the end of 2023.
AMD said its investment is supported by the various policy initiatives of the Government of India focused on the semiconductor industry.