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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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Xbox Live Gold subscription price will not be hiked, confirms Microsoft

Microsoft last week announced to charge double for its annual Xbox Live Gold subscription. The tech giant informed to increase the price of the six-month pass to $60 (which approximately translates to Rs 4,400). The announcement followed a public outrage by gamers out there that forced Microsoft to back off on its plan to increase subscription.

In an official statement on increasing the price for Xbox Live Gold Microsoft stated, “We messed up today and you were right to let us know.” The company also said, “connecting and playing with friends is a vital part of gaming and we failed to meet the expectations of players who count on it every day. As a result, we have decided not to change Xbox Live Gold pricing.”

Xbox Live Gold subscription price hike

If Microsoft increased the price of the subscription it would push the Xbox Live Gold plan price near to Xbox Game Pass Ultimate, which provides gamers with access to multiple games and other perks.

Microsoft justified the move by stating that the price of its Xbox Live Gold membership has not changed for years and in some markets, it hasn’t been changed for more than 10 years now. Counting in the inflation that has happened over the years, it was a sensible move considering the business health.

Xbox Series X

If the price hike was imposed officially the Xbox Live Gold subscription would then be priced higher than the rival PlayStation Plus service from Sony, which costs $60 (approximately Rs 4,320) for an annual subscription.

How much will you need to pay

New and existing members will continue to pay the same fee for Xbox Live Gold. The prices are tiered at $9.99 (approximately Rs 728) for one month, $24.99 (approximately Rs 1,822) for three months, $39.99 (approximately Rs 2,917) for six months and $59.99 (approximately Rs 4,376) for 12 months.

In related news, Microsoft also stated that it will make multiplayer gameplay totally free for all free-to-play games. In simple words, you will be able to play games like Call of Duty: Warzone totally free of cost.



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