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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 prices today: Bitcoin, Ethereum rally up to 9 percent as market rebounds

Cryptocurrency prices surged marginally in the last 24 hours, giving investors some respite. Nearly all leading crypto coins were trading in the green, including Bitcoin and Ethereum, both of which were trading at up to 7 percent higher. However, analysts are not shedding their concerns yet about more fluctuation in prices. In the last seven days, the crypto prices have slid on a regular basis, with only a few upticks, and this trend is likely to continue for at least the near term.

According to CoinGecko, the total crypto market cap in the last 24 hours reached $949 billion after a 5 percent jump. The total cryptocurrency trading volume was $78.8 billion, at the time of writing. Bitcoin continued to dominate with a share of 40.7 percent, while Ethereum, too, stood at the second spot with a 14.5 percent dominance. The total market cap of Bitcoin in the last 24 hours reached $386.9 billion, while Ethereum’s cap was $137.6 billion.

Bitcoin price today

Showing positive cues after a long time, Bitcoin rallied as much as 6 percent in the last 24 hours. It was trading at $20,291 at the time of writing — a hope for investors that the value could soon touch the $21,000 mark. The 24-hour volume was $19.3 billion.

Ethereum price today

Ethereum jumped a dramatic 9.3 percent in the last 24 hours and ended up at a trading value of $1,151. The 24-hour volume was $14 billion, according to CoinGecko.

Solana, dogecoin price today

Solana was, too, in the green as the crypto token recovered over 9 percent in the last 24 hours. It was trading at $35.81 at the time of writing. Meanwhile, Dogecoin also showed a positive sign with a jump of more than 4 percent in the last 24 hours, with a trading value of $0.06.

The post Crypto prices today: Bitcoin, Ethereum rally up to 9 percent as market rebounds appeared first on BGR India.



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