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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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Will Intel be the first major semiconductor manufacturing company to set shop in India?

The Indian govt is incentivizing semiconductor manufacturers to set up shop in the country. So far, none of the major chipset brands have confirmed if they are willing to start chip production anytime soon. However, a major hint has been dropped suggesting that Intel might be interested in India after all.

Intel SVP and President of Intel Foundry Services, Randhir Thakur had shared appreciation for the Indian government’s move to incentivize semiconductor manufacturers. He acclaimed the govt for its attempt to make India a hub for electronics and semiconductors. In a tweet he said, “Congrats to @GoI_MeitY @AshwiniVaishnaw @Rajeev_GoI for Semiconductor design & manufacturing incentives for India as hub for electronics & semiconductors. Glad to see a plan laid out for all aspects of the supply chain: talent, design, manufacturing, test, packaging & logistics.”

In response to this tweet Minister for Electronics & Information Technology, Ashwini Vaishnaw said, “Intel – welcome to India.”

There has been no official confirmation from the company about any decision to establish a manufacturing facility. BGR.in has reached out to Intel for confirmation. Stay tuned for the latest developments.

India mostly imports chipsets and semiconductors to assemble them into smartphones and other electronics. The introduction of a global player like Intel will have a direct impact on the country’s ability to produce electronics and even export chipsets to other markets. The chip shortage has long plagued the electronics and automobile industry, leading to low supply and much longer waiting periods for the end consumer. The establishment of a new chip factory in India could finally alleviate the issue of chip shortage for companies producing appliances, smartphones, and automobiles in the country.

The post Will Intel be the first major semiconductor manufacturing company to set shop in India? appeared first on BGR India.



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