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AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
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TSMC confirms plan to build a dedicated 5nm chip plant in the United States

TSMC has confirmed that it plans to build and maintain a new generation semiconductor factory in the United States. A move that has been facilitated by the United States federal government. And with the aid from the State of Arizona, TSMC confirmed that the factory will be based in the state best known for Grand Canyon.

The report noted that it would be a state-of-the-art semiconductor factory, and this means that TSMC will use this facility to produce 5nm chips in the process. The list of clients that TSMC will have under this process confirms, by itself, its importance.

TSMC list of clients

Intel will produce its Xe GPUs under TSMC’s 5nm process, and NVIDIA will also do the same with its Hopper GPUs and AMD with the Radeon RDNA 3 and Zen 4 processors. Other big companies like Apple and Qualcomm will also invest in the TSMC 5nm process for the production of their smartphone chipsets.

The factory in Arizona will have a production capacity of 20,000 products per month. It is likely to generate a total of 1,600 direct jobs for highly qualified professionals. As well as thousands of other indirect jobs related to the ecosystem of semiconductors.

If everything goes according to plan, the construction of this new factory will begin in 2021 and will complete by the end of 2023. This means that the production of the first products will start sometime in 2024, which is a long-term investment. It is likely that the said plant could also face a transition to the 3nm chipset production when necessary.

In total, TSMC will also invest $12 billion from 2021 to 2029 in this project. The Taiwanese giant has not specified what kind of support it has received from the United States federal government. And the Arizona state government to carry out this project. However, it may still have closed significant financial aid and fiscal advantages.



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