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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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Anand Mahindra shows off a car priced under Rs 1,500 as man asks for a vehicle under Rs 10,000

Anand Mahindra, Mahindra’s chairperson, is quite active on Twitter and he often interacts with his audiences and replies to some tweets. When responding to certain tweets, the industrialists never fails to surprise us with his sarcastic tweets that sometimes are rather too humorous. Recently, Mahindra had Twitter netizens roll in the aisles with his quote tweet in response to a question on the platform. Owing to led netizens posting out tweets that would make you leave in splits.

How it started was, that Mahindra was asked a question by a Twitter user named Raj Srivastava, that whether he can make Mahindra cars for Rs. 10k. In response to it, Mahindra quoted with a sarcastic tweet that made everyone giggle.

“We’ve done even better; made one for under 1.5K,” said Anand Mahindra in response to the question asked by the Twitter user. What’s fun is that Mahindra attached a picture of a toy car selling on Amazon, which is nothing but a miniature Mahindra Thar toy car model priced at under Rs. 1,500.

Interestingly, the toy car model was in stock earlier, but now if you visit the page, it’s out of stock. So, the toy car’s “stonks” are quite literally bulling.

While only reading it here made you laugh out loud, Twitter netizens have been giggling since yesterday. Several Twitter users had replied to Mahindra’s tweet praising how witty he was with his response. Here are some of the fan responses to Mahindra’s tweet.

In related news, Mahindra recently announced its first NFT. The NFT is based on the Mahindra Thar 2020 model. The company released four NFT tokens in collaboration with Tech Mahindra. Each token had different themes of the Thar 2020 model. The tokens were named as follows: Born of the Earth, Taking Flight, Standing Tall, and Explore the impossible. All four tokens were auctioned and were priced for up to Rs. 11 lakh, that’s close to the price of a real Mahindra Thar. The company raised a total of Rs. 26 lakh from the NFT auction.

The funds raised in the auction were previously claimed to go towards Project Nanhi Kali which supports the education of underprivileged girls in India.

The post Anand Mahindra shows off a car priced under Rs 1,500 as man asks for a vehicle under Rs 10,000 appeared first on BGR India.



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