AMD plans to invest $400 million in India over five years

Recently, AMD announced plans to invest $400 million in India over the next five years, aiming to expand its operations in the country and establish its largest design center in Bangalore, Karnataka.

AMD’s Chief Technology Officer, Mark Papermaster, disclosed at a semiconductor conference that AMD is committed to a $400 million investment in India within the forthcoming five years. India, being at the forefront of software development and chip design, has over the past few decades emerged as a principal hub for chip design, with companies like AMD developing numerous chips in the country.

It’s understood that AMD’s new design center campus is slated to commence development in Bangalore, India’s tech hub, by the end of this year, and is anticipated to create 3,000 engineering jobs over the next five years. AMD stated that its team in India would play a pivotal role in developing high-performance (CPU and GPU) and adaptable (FPGA) solutions for global clients. With this investment, AMD’s scale in India is set to increase further, with its offices expanding to ten locations, and the total number of employees surpassing 6,500.

Analysts opine that this move signifies AMD’s intention to not only harness India’s potential as a chip design center but also to substantially enhance its chip design prowess in the future. Regrettably, the specifics of how AMD plans to utilize this investment remain unclear at present. However, AMD’s action aligns perfectly with the Indian government’s efforts to attract semiconductor industry investment and consolidate its standing in the global chip industry. Notably, last month, AMD also announced plans to invest $135 million in its Xilinx FPGA business in Ireland over the next four years.