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Advanced Micro Devices (AMD), a leading US chipmaker has recently announced its intensions to set up the largest research and development design center in India. This deal marks a significant development in the country's semiconductor industry and paves the way for future development. AMD has a broad portfolio comprising of artificial intelligence, networking, and 6G communications.
The partnership between AMD and India's Ministry of Electronics and Information Technology is likely to offer new opportunities to highly skilled engineers and researchers in the country. The new campus, scheduled to open by the end of 2023, will provide state-of-the-art facilities, including labs and collaboration tools, fostering teamwork and innovation.
With an investment of $400 million over the next five years, AMD aims to create 3,000 new engineering roles by 2028. The company's expansion in India, particularly in cities like Bengaluru, Delhi, Hyderabad, Mumbai, and Gurgaon, will play a major role in delivering high-performance solutions to its customers worldwide.
The Indian government's support for this investment is part of its effort to establish India as a global hub for semiconductor manufacturing and technology development. By having offices in at least 10 locations, India aims to reduce its reliance on expensive imports and strengthen its semiconductor industry.
The expansion of AMD in India is expected to drive innovation and support the country's semiconductor mission. It will also contribute to the growth and investment in India's chip sector, establishing its credentials as a chipmaking hub.
Overall, this partnership between AMD and India is a positive step towards boosting the country's semiconductor industry, attracting talent, and fostering technological advancements in various sectors that rely on chips. It aligns with the government's vision to position India as a leading player in the global semiconductor market.
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