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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...

Musks claim of all-time high Twitter user engagement does not match data

Despite tall claims by Twitter owner Elon Musk, the micro-blogging platform is witnessing a decline in user engagement as well as traffic.

Musk on Saturday tweeted that the “platform hit another all-time high in user-seconds last week”.

The Twitter owner has made such claims in the past too.

In April, as part of a BBC interview, Musk said the social media service was seeing record user engagement, and that major advertisers were returning.

However, according to web analysis site Similarweb, its monthly report on traffic to the social media ad portals saw an 18.7 per cent year-over-year drop for Twitter in March.

“Worldwide visits to twitter.com dropped 7.3% year-over-year in March, the third straight month of declines,” according to Similarweb estimates.

Twitter’s unique visitor count on the web dropped 3.3 per cent year-over-year in March.

For the Twitter Android app, average daily active users were down 9.8 per cent in March and monthly active users were down 8 per cent (both
year-over-year).

One of Musk’s specific claims — tweeted in March and repeated in the BBC interview — is that Twitter now commands more than 8 billion minutes of
user time per day, which he said is a new record.

“We couldn’t find any evidence that Twitter’s previous management ever reported that particular metric and it’s not one we can either confirm or
dispute,” according to Similarweb.

Over the past couple of years, traffic to the website has been fluctuating from month to month, but with no consistent pattern of growth.

Over the same period that Twitter has been losing web traffic, app usage has also been trending down.

–IANS

The post Musk’s claim of all-time high Twitter user engagement does not match data appeared first on Techlusive.



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