Nagpur Stock:Indore Stock:Investment in India!AMD’s largest global design center was built in India!
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On November 28, AMD announced that its largest global design center was completed in India.It is said that the park can accommodate nearly 3,000 AMD engineersNagpur Stock. The future development direction is mainly the design and development of semiconductor technology, including 3D stacks, artificial intelligence, machine learning, and so on.
AMD said that its “Technostar” park is a part of the company’s investment in India in the next five years in India, and the company announced the investment on Semicon India 2023 in July.
The Technostar center covers an area of 500,000 square feet, not only the largest R & D center of AMD, but also the two parties plan to cultivate 3,000 engineers in the next few years, becoming a catalyst for regional technology development.The park will be responsible for providing advanced CPUs, GPUs, adaptive SOC and FPGAs for personal computers and data centers.In addition, the center will consist of a large number of “India” professionals and labor, thereby contributing to the “India manufacturing” policy.
At the end of 2021, the Indian government announced a $ 10 billion chip incentive plan, which can provide up to 50%of the project cost as a reward.
Under the continuous inspiration of policies, the Global Workers’ OEMs, TSMC, Intel, and Samsung have taken into account the Indian factories, and the Indian government is closely related to it.
At the end of July this year, Mark Papermaster, Executive Vice President and Chief Technology Officer of AMD, said that India is an important market for AMD to maintain product demand growth.Immediately decided to invest about $ 400 million in India, establishing the company’s largest design center in Bangalore.
In addition to AMD, Micron, Panlin Group, and application materials have previously announced the expansion of semiconductor investment in India.
Udabur Wealth Management