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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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Crypto price today: Bitcoin, Ethereum, and Solana plunge further as TerraClassic jumps in value

The cryptocurrency market on Wednesday stayed mostly dormant, showing very little action in prices. Following the downturn in values, the global cryptocurrency market remained below the $1 trillion mark after a loss of more than 1 percent in the past 24 hours. The total volume in the last 24 hours was $56.41 billion. While leading coins continued to lose their value, alternate coins emerged as the top movers.

Bitcoin retained its position as the dominant coin in the global cryptocurrency market. It secured 40.35 percent in the market with a total cap of $387.95 billion. Following Bitcoin in the chart was Ethereum, the second-most-popular digital coin. It managed to retain a 14.50 percent dominance in the market with a total market cap of $139.6 billion.

Bitcoin price today

Bitcoin is continuing the downward trend with an additional loss of more than 1 percent in the past 24 hours. At the time of writing, Bitcoin was trading at $20,539, which is more or less the same as the price yesterday. Investors can take a sigh of relief since the plunge in the value is not high.

Ethereum price today

Much like Bitcoin, Ethereum also tanked in value. But Ethereum’s drop was higher than that of Bitcoin’s. Ethereum showed a dip of around 2 percent in the last 24 hours, ending up with a trading price of $1,152. However, the second-largest digital coin has shown a steady growth of over 2 percent in the past week. The total market cap of Ethereum stood at $139.9 billion — around the same as yesterday.

TerraClassic USD price today

TerraClassic USD rallied as high as 203.4 percent in the past 24 hours. At the time of writing, the trading price of TerraClassic USD was $0.055, while its market cap stood at $555 million. In the last seven days, TerraClassic USD has jumped by a staggering 554.4 percent in value.

Solana price today

Solana fell further in the past 24 hours. The trading value declined to $35.72 at the time of writing after suffering a loss of more than 4 percent. The total market cap of Solana ended up being $12.2 billion.

The post Crypto price today: Bitcoin, Ethereum, and Solana plunge further as TerraClassic jumps in value appeared first on BGR India.



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