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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 falls below $21,000 but ApeCoin shows growth

The cryptocurrency market remained almost flat in the last 24 hours, showing a further yet minor drop in the total market cap. At the time of writing, the market cap was $965 billion after a 2.6 percent drop in the last 24 hours. The market is showing weak signs of improvement, but this slow and steady growth has put some confidence in investors.

While the plunge continues to be underway in the market, the world’s largest and most popular cryptocurrency Bitcoin registered a further dip. Other digital coins, such as Ethereum, the second-most-popular coin, also tanked in value in the last 24 hours. Surprisingly, dogecoin and Shiba Inu also showed a decline in their value because previously, their values rose marginally.

Bitcoin price today

According to CoinGecko, Bitcoin was trading at $20,671 at the time of writing after suffering a drop of 2.2 percent in the last 24 hours. The total volume in the last 24 hours stood at $17.85 billion while the market cap was $394 billion. Bitcoin’s dominance in the last 24 hours shrank a little to 40.8 percent.

Ethereum price today

The second-largest coin, Ethereum, too, suffered a loss in value, registering a decline of more than 3 percent in the last 24 hours. The coin was trading at $1,178 at the time of writing, according to CoinGecko. The volume of Ethereum in 24 hours was $12 billion, while its market cap stood at $142 billion. The dominance of Ethereum in the global cryptocurrency market settled at 14.8 percent.

Shiba Inu, Dogecoin price today

After rallying in their values, both dogecoin and Shiba Inu fell flat in the last 24 hours. Dogecoin was trading more than 7 percent lower at $0.07, while Shiba Inu suffered a loss of over 5 percent to settle at a trading value of $0.000011. The market cap of dogecoin zoomed to around $8.5 billion, while Shiba Inu was around $6.3 billion.

Other cryptocurrencies, such as XRP, Tether, Solana, BNB, whereas Stellar, Litecoin, Polygon, Uniswap and Tron, were also trading with cuts at their prices in the past 24 hours, according to CoinGecko. However, ApeCoin showed gains during the same time.

The post Crypto price today: Bitcoin falls below $21,000 but ApeCoin shows growth appeared first on BGR India.



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