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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...

UPI is down: Google Pay, PhonePe, Paytm not working [Update: It’s back]

If you are unable to make payment via apps like Google Pay, Phone Pe, Paytm using UPI, you are not alone in this. Unified Payments Interface (UPI) is down for most users in India.

Update: NPCI updated that as of 5:18pm IST, UPI has started working. “#UPI is operational now, and we are monitoring system closely,” said in a statement. For some the service is back, others are still unable to use UPI to make payments.

National Payments Corporation of India (NPCI) has confirmed the outage. NPCI took to the microblogging site Twitter to confirm the outage and said, “Regret the inconvenience to #UPI users due to intermittent technical glitch.”

We tried making payment via PhonePe and the app showed a message that states “The UPI network is running slow at your bank and so we’re not allowing payments from your bank right now. Please try after some time.”

UPI users including Google Pay, PhonePe, Paytm have taken to Twitter to share issues they are facing.

The post UPI is down: Google Pay, PhonePe, Paytm not working [Update: It’s back] appeared first on BGR India.



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