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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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TikTok, WeChat coming back to the US? Biden revokes Trump’s orders

US President Joe Biden has revoked and replaced the three executive orders prohibiting transactions with TikTok, WeChat and eight other apps. The executive offer was signed by the 45th US President Donald Trump.

“President Biden revoked and replaced three E.O.s (executive orders) that aimed to prohibit transactions with TikTok, WeChat, and eight other communications and financial technology software applications; two of these E.O.s are subject to litigation,” the White House said in a fact sheet released on Wednesday.

The new order replacing the three E.O.s states that the US Commerce Department will evaluate all software applications connected with “foreign adversaries” under recent US supply-chain security rules. It will then take the appropriate actions. Apart from this, the order also states that the US Commerce Department will draft a report with recommendations on how to safeguard Americans’ personal data, including their genetic data, as well as a second report containing additional policy proposals.

Why were TikTok, WeChat and more banned in the US?

Donald Trump during his tenure as the US President implemented three executive orders outright banning TikTok, WeChat and eight other Chinese apps in the US stating that apps were a threat to the security of the country and to the privacy of its citizens.

The American Civil Liberties Union has welcomed Biden’s move to replace Trump’s E.O.s, stating that the old E.O.s “blatantly violated the First Amendment rights of TikTok and WeChat users in the US.”

Not all of Trump’s orders have been opposed by the Biden administration. To recall, the Biden administration earlier this week banned 59 Chinese military and surveillance firms from acquiring US investors or investments. This expands the original list of 44 Chinese companies targeted by Trump in a November executive order.



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