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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...

Sony PlayStation 5 India Restock: Next sale in June along with Ratchet and Clank: Rift Apart launch

Sony PlayStation 5 Restock: Sony PlayStation 5 has been one of the most difficult game consoles to get your hands on in a long time. This huge shortage can be attributed to the global chip shortage, massive demand and logistic issues being caused due to the COVID-19 pandemic. Due to all of this, whenever the PS5 is made available in India, it goes out of stock within minutes.

The company just held the third wave of its PS5 India pre-orders on May 27. The company has already announced that it intends to deliver the allocated stocks around June 7. However, there might be delays in the delivery considering the ongoing lockdown and curfew restrictions in various locations.

When will the next PS5 restock take place?

According to a report by IGN India, the next PS5 India restock will take place next month. It further states that the company had brought in stocks of the game console back in April and has not made all units available for sale till now. The reason for Sony to hold up the inventory of the PlayStation 5 is the release of the new exclusive, Ratchet and Clank: Rift Apart on June 11. Citing unnamed sources close to the development IGN India states that “the company wants to avoid the bad publicity of releasing its big first half of the year exclusive with no console to play it on.”

Sony PlayStation 5 price in India

Sony PlayStation 5 disc variant is priced at Rs 49,990, whereas, the Digital Edition is priced at Rs 39,990. The console is available via Flipkart, Amazon, ShopAtSC, Games The Shop, Vijay Sales, PrepaidGamerCard and Croma.

PS5 shortages could continue till 2022

The Sony Group after its results call in late April during a briefing reportedly told analysts that it is having difficulties keeping up with strong demand for its latest console. This is in part due to the component shortages and secondly due to excessive demand. The officials did not comment on the official timeframe for when the supply will normalise, but it did state that it expects these shortages to extend to next year.



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