In a strategic move to strengthen its presence in India, U.S. chipmaker Advanced Micro Devices (AMD) has pledged a substantial investment of $400 million over the next five years. The announcement was made by Mark Papermaster, AMD’s Chief Technology Officer, at a prominent semiconductor conference in Gujarat, attended by notable industry leaders. With this investment, AMD is set to construct its largest design center in Bengaluru, marking a significant step towards India’s ambition to establish itself as a leading chipmaking destination.
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