AMD to invest $400 million in India, will set up largest design centre in Bengaluru

US chipmaker AMD, on Friday, announced its plan to invest approximately $400 million in India over the next five years which will include building a new campus in Bengaluru with an addition of around 3,000 engineering roles. The campus, which will be the company’s biggest design centre, 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.

The new 5-lakh square-foot campus at Bengaluru will increase the company’s footprint to 10 total locations across New Delhi, Gurgaon, Hyderabad, and Mumbai.