AMD brings $400 million to design semiconductors
US chipmaker Advanced Micro Devices (AMD) announced a $400 million investment in India to build its largest design centre in Bengaluru and said it will use Indian workforce across every aspect of its global portfolio. The US chipmaker sees the semiconductor engagement in the country expanding at a frenetic pace.AMD's chief technology officer Mark Papermaster said the company has been encouraged by the push given to the work around semiconductors by Prime Minister Narendra Modi and other teams within the government, making the company broaden its engagement here."We are excited to be having such a strong presence in design in India. Commensurate with our growth in design, we see the market here expanding rapidly. It is very clear from the statement of PM Modi that he is creating a climate ...