AMD said Friday that over the next five years it will invest approximately $400 million in India. The company will greatly expand its presence in the country and will open its largest design center in Bengaloru, India, already in 2023, reports Reuters. The significant investment indicates that the company may be planning to expand its product line-up in the coming years.
AMD's new design center campus is set to open in Bengaluru, the country's tech hub, later this year and is expected to create 3,000 engineering jobs within the next five years. The company disclosed that its India teams will be crucial in developing its high-performance (CPUs and GPUs) and adaptive (FPGAs) solutions for its global clientele. With this new investment, AMD will expand its office presence in India to a total of 10 locations, where it already employs over 6,500 people.
