AMD Inaugurates its Largest Global Design Center in India

The AMD Tech짯no짯star R&D cam짯pus in Ben짯g짯alu짯ru is part of the $400 mil짯li짯on India invest짯ment announ짯ced by the com짯pa짯ny at Semi짯con 2023 

The 500,000-square-foot cam짯pus plans to host appro짯xi짯m짯ate짯ly 3000 engineers 

Ben짯g짯alu짯ru, India Novem짯ber 28, 2023  AMD (NASDAQ: AMD) today inau짯gu짯ra짯ted its lar짯gest glo짯bal design cen짯ter in Ben짯g짯alu짯ru, mar짯king a mile짯stone in the company셲 com짯mit짯ment to expand rese짯arch, deve짯lo짯p짯ment, and engi짯nee짯ring ope짯ra짯ti짯ons in India. The sta짯te-of-the-art cam짯pus plans to host appro짯xi짯m짯ate짯ly 3,000 AMD engi짯neers in the coming years, focu짯sed on the design and deve짯lo짯p짯ment of semi짯con짯duc짯tor tech짯no짯lo짯gy inclu짯ding 3D stack짯ing, arti짯fi짯ci짯al intel짯li짯gence, machi짯ne lear짯ning, and more.

The cam짯pus was inau짯gu짯ra짯ted by Ashwi짯ni Vaish짯naw, Uni짯on Cabi짯net Minis짯ter for Rail짯ways, Tele짯com짯mu짯ni짯ca짯ti짯ons, Elec짯tro짯nics and Infor짯ma짯ti짯on Tech짯no짯lo짯gy, Govern짯ment of India. AMD exe짯cu짯ti짯ve lea짯ders inclu짯ding Mark Paper짯mas짯ter, exe짯cu짯ti짯ve vice pre짯si짯dent and chief tech짯no짯lo짯gy offi짯cer; David Wang, seni짯or vice pre짯si짯dent of GPU tech짯no짯lo짯gies and engi짯nee짯ring; Bri짯an Amick, seni짯or vice pre짯si짯dent of cen짯tral engi짯nee짯ring; and Andrej Zdrav짯ko짯vic, chief soft짯ware offi짯cer and seni짯or vice pre짯si짯dent of GPU tech짯no짯lo짯gies along with the AMD India lea짯der짯ship team were present.

The AMD Tech짯no짯star cam짯pus is part of the company셲 $400 mil짯li짯on invest짯ment in India over the next five years, announ짯ced at Semi짯con India 2023. The cam짯pus will ser짯ve as a cent짯re of excel짯lence for the deve짯lo짯p짯ment of lea짯der짯ship pro짯ducts across high-per짯for짯mance CPUs for the data cen짯ter and PCs, data cen짯ter and gam짯ing GPUs, and adap짯ti짯ve SoCs and FPGAs for embedded devices.

The 500,000-square-foot cam짯pus and office space cele짯bra짯tes Indi짯an art and craft, with hudd짯le spaces and con짯fe짯rence rooms desi짯gned to fos짯ter col짯la짯bo짯ra짯ti짯on and crea짯ti짯vi짯ty. The space fea짯tures modern R&D labs spread over 60,000-square-feet and a lar짯ge demo cent짯re for visi짯tors to expe짯ri짯ence AMD pro짯ducts and solu짯ti짯ons. The cam짯pus also includes a cafe짯te짯ria acou짯sti짯cal짯ly engi짯nee짯red to host gathe짯rings of more than 2000 employees and a gym and a yoga cent짯re to pro짯mo짯te the holi짯stic health and well-being of AMD employees.

Ashwi짯ni Vaish짯naw, Minis짯ter for Rail짯ways, Com짯mu짯ni짯ca짯ti짯ons & Elec짯tro짯nics and Infor짯ma짯ti짯on Tech짯no짯lo짯gy, Govern짯ment of India said, 쏧ndia셲 semi짯con짯duc짯tor pro짯gram laun짯ched under the lea짯der짯ship of Hono짯ura짯ble Prime Minis짯ter Naren짯dra Modi lays strong empha짯sis on sup짯port짯ing the design and talent eco짯sys짯tem for semi짯con짯duc짯tors. AMD set짯ting up its lar짯gest design cen짯ter in Ben짯g짯alu짯ru is a tes짯ta짯ment to the con짯fi짯dence glo짯bal com짯pa짯nies have in India.

Mark Paper짯mas짯ter, Exe짯cu짯ti짯ve Vice Pre짯si짯dent and Chief Tech짯no짯lo짯gy Offi짯cer, AMD said, 쏻e are plea짯sed to inau짯gu짯ra짯te our lar짯gest glo짯bal design cen짯ter in Ben짯g짯alu짯ru today. This invest짯ment streng짯thens our rela짯ti짯onship with India and show짯ca짯ses our con짯fi짯dence in the excep짯tio짯nal engi짯nee짯ring talent that the coun짯try has to offer. The relent짯less pur짯su짯it of engi짯nee짯ring excel짯lence and inno짯va짯ti짯on is the cor짯ner짯stone of our suc짯cess. This new design cen짯ter will help pro짯pel tech짯no짯lo짯gy and pro짯duct deve짯lo짯p짯ment across the AMD port짯fo짯lio, fue짯ling the next gene짯ra짯ti짯on of high per짯for짯mance, adap짯ti짯ve and AI com짯pu짯ting solu짯ti짯ons for our cus짯to짯mers around the world.

Jaya Jaga짯dish, India Coun짯try Head, AMD said, 쏷he India Design Cent짯re star짯ted with a handful of employees in 2004. Today, 25% of AMD셲 glo짯bal work짯force is loca짯ted in India and they sup짯port the deve짯lo짯p짯ment of AMD lea짯der짯ship pro짯ducts for data cen짯ter, gam짯ing, PC and embedded cus짯to짯mers. This new faci짯li짯ty marks the next mile짯stone in our growth jour짯ney to be a signi짯fi짯cant con짯tri짯bu짯tor in the advance짯ment of semiconductors.

Deepak Agar짯wal, Ben짯g짯alu짯ru Site Lead, AMD said, 쏧 feel extre짯me짯ly proud to be the site head of our new Tech짯no짯star cam짯pus. It is more than just a sta짯te-of-the-art buil짯ding. It is the embo짯di짯ment of our mis짯si짯on to build gre짯at pro짯ducts that acce짯le짯ra짯te next gene짯ra짯ti짯on com짯pu짯ting expe짯ri짯en짯ces. The cam짯pus will pro짯vi짯de a gre짯at workspace for our India teams to be crea짯ti짯ve and inno짯va짯ti짯ve in their pur짯su짯it to sup짯port the company셲 growth as a high per짯for짯mance and adap짯ti짯ve com짯pu짯ting leader.

Sup짯port짯ing Resources

About AMD
For more than 50 years AMD has dri짯ven inno짯va짯ti짯on in high-per짯for짯mance com짯pu짯ting, gra짯phics and visua짯liza짯ti짯on tech짯no짯lo짯gies. Bil짯li짯ons of peo짯p짯le, lea짯ding For짯tu짯ne 500 busi짯nesses and cut짯ting-edge sci짯en짯ti짯fic rese짯arch insti짯tu짯ti짯ons around the world rely on AMD tech짯no짯lo짯gy dai짯ly to impro짯ve how they live, work and play. AMD employees are focu짯sed on buil짯ding lea짯der짯ship high-per짯for짯mance and adap짯ti짯ve pro짯ducts that push the boun짯da짯ries of what is pos짯si짯ble. For more infor짯ma짯ti짯on about how AMD is enab짯ling today and inspi짯ring tomor짯row, visit the AMD (NASDAQ: AMDweb짯siteblogLin짯ke짯dIn and Twit짯ter pages.

CAUTIONARY STATEMENT
This press release con짯ta짯ins for짯ward-loo짯king state짯ments con짯cer짯ning Advan짯ced Micro Devices, Inc. (AMD) such as AMD셲 plans to add appro짯xi짯m짯ate짯ly 3,000 AMD engi짯neers to the AMD Tech짯no짯star R&D cam짯pus and the expec짯ted timing, acti짯vi짯ties, fea짯tures and bene짯fits rela짯ted to the new R&D cam짯pus, which are made pur짯su짯ant to the Safe Har짯bor pro짯vi짯si짯ons of the Pri짯va짯te Secu짯ri짯ties Liti짯ga짯ti짯on Reform Act of 1995. For짯ward-loo짯king state짯ments are com짯mon짯ly iden짯ti짯fied by words such as "would," "may," "expects," "belie짯ves," "plans," "intends," "pro짯jects" and other terms with simi짯lar mea짯ning. Inves짯tors are cau짯tio짯ned that the for짯ward-loo짯king state짯ments in this press release are based on cur짯rent beliefs, assump짯ti짯ons and expec짯ta짯ti짯ons, speak only as of the date of this press release and invol짯ve risks and uncer짯tain짯ties that could cau짯se actu짯al results to dif짯fer mate짯ri짯al짯ly from cur짯rent expec짯ta짯ti짯ons. Such state짯ments are sub짯ject to cer짯tain known and unknown risks and uncer짯tain짯ties, many of which are dif짯fi짯cult to pre짯dict and gene짯ral짯ly bey짯ond AMD셲 con짯trol, that could cau짯se actu짯al results and other future events to dif짯fer mate짯ri짯al짯ly from tho짯se expres짯sed in, or impli짯ed or pro짯jec짯ted by, the for짯ward-loo짯king infor짯ma짯ti짯on and state짯ments. Mate짯ri짯al fac짯tors that could cau짯se actu짯al results to dif짯fer mate짯ri짯al짯ly from cur짯rent expec짯ta짯ti짯ons include, wit짯hout limi짯ta짯ti짯on, the fol짯lo짯wing: Intel Corporation셲 domi짯nan짯ce of the micro짯pro짯ces짯sor mar짯ket and its aggres짯si짯ve busi짯ness prac짯ti짯ces; eco짯no짯mic uncer짯tain짯ty; cycli짯cal natu짯re of the semi짯con짯duc짯tor indus짯try; mar짯ket con짯di짯ti짯ons of the indus짯tries in which AMD pro짯ducts are sold; loss of a signi짯fi짯cant cus짯to짯mer; impact of the COVID-19 pan짯de짯mic on AMD셲 busi짯ness, finan짯cial con짯di짯ti짯on and results of ope짯ra짯ti짯ons; com짯pe짯ti짯ti짯ve mar짯kets in which AMD셲 pro짯ducts are sold; quar짯ter짯ly and sea짯so짯nal sales pat짯terns; AMD셲 abili짯ty to ade짯qua짯te짯ly pro짯tect its tech짯no짯lo짯gy or other intellec짯tu짯al pro짯per짯ty; unfa짯vorable cur짯ren짯cy exch짯an짯ge rate fluc짯tua짯tions; abili짯ty of third par짯ty manu짯fac짯tu짯r짯ers to manu짯fac짯tu짯re AMD셲 pro짯ducts on a time짯ly basis in suf짯fi짯ci짯ent quan짯ti짯ties and using com짯pe짯ti짯ti짯ve tech짯no짯lo짯gies; avai짯la짯bi짯li짯ty of essen짯ti짯al equip짯ment, mate짯ri짯als, sub짯stra짯tes or manu짯fac짯tu짯ring pro짯ces짯ses; abili짯ty to achie짯ve expec짯ted manu짯fac짯tu짯ring yields for AMD셲 pro짯ducts; AMD셲 abili짯ty to intro짯du짯ce pro짯ducts on a time짯ly basis with expec짯ted fea짯tures and per짯for짯mance levels; AMD셲 abili짯ty to gene짯ra짯te reve짯nue from its semi-cus짯tom SoC pro짯ducts; poten짯ti짯al secu짯ri짯ty vul짯nerabi짯li짯ties; poten짯ti짯al secu짯ri짯ty inci짯dents inclu짯ding IT outa짯ges, data loss, data brea짯ches and cyber-attacks; poten짯ti짯al dif짯fi짯cul짯ties in ope짯ra짯ting AMD셲 new짯ly upgraded enter짯pri짯se resour짯ce plan짯ning sys짯tem; uncer짯tain짯ties invol짯ving the orde짯ring and ship짯ment of AMD셲 pro짯ducts; AMD셲 reli짯ance on third-par짯ty intellec짯tu짯al pro짯per짯ty to design and intro짯du짯ce new pro짯ducts in a time짯ly man짯ner; AMD셲 reli짯ance on third-par짯ty com짯pa짯nies for design, manu짯fac짯tu짯re and sup짯p짯ly of mother짯boards, soft짯ware, memo짯ry and other com짯pu짯ter plat짯form com짯pon짯ents; AMD셲 reli짯ance on Micro짯soft and other soft짯ware ven짯dors sup짯port to design and deve짯lop soft짯ware to run on AMD셲 pro짯ducts; AMD셲 reli짯ance on third-par짯ty dis짯tri짯bu짯tors and add-in-board part짯ners; impact of modi짯fi짯ca짯ti짯on or inter짯rup짯ti짯on of AMD셲 inter짯nal busi짯ness pro짯ces짯ses and infor짯ma짯ti짯on sys짯tems; com짯pa짯ti짯bi짯li짯ty of AMD셲 pro짯ducts with some or all indus짯try-stan짯dard soft짯ware and hard짯ware; cos짯ts rela짯ted to defec짯ti짯ve pro짯ducts; effi짯ci짯en짯cy of AMD셲 sup짯p짯ly chain; AMD셲 abili짯ty to rely on third par짯ty sup짯p짯ly-chain logi짯stics func짯tions; AMD셲 abili짯ty to effec짯tively con짯trol sales of its pro짯ducts on the gray mar짯ket; impact of govern짯ment actions and regu짯la짯ti짯ons such as export regu짯la짯ti짯ons, tariffs and trade pro짯tec짯tion mea짯su짯res; AMD셲 abili짯ty to rea짯li짯ze its defer짯red tax assets; poten짯ti짯al tax lia짯bi짯li짯ties; cur짯rent and future claims and liti짯ga짯ti짯on; impact of envi짯ron짯men짯tal laws, con짯flict mine짯rals-rela짯ted pro짯vi짯si짯ons and other laws or regu짯la짯ti짯ons; impact of acqui짯si짯ti짯ons, joint ven짯tures and/or invest짯ments on AMD셲 busi짯ness and AMD셲 abili짯ty to inte짯gra짯te acqui짯red busi짯nesses;  impact of any impair짯ment of the com짯bi짯ned company셲 assets; rest짯ric짯tions impo짯sed by agree짯ments gover짯ning AMD셲 notes, the gua짯ran짯tees of Xilinx셲 notes and the revol짯ving cre짯dit faci짯li짯ty; AMD셲 indeb짯ted짯ness; AMD셲 abili짯ty to gene짯ra짯te suf짯fi짯ci짯ent cash to meet its working capi짯tal requi짯re짯ments or gene짯ra짯te suf짯fi짯ci짯ent reve짯nue and ope짯ra짯ting cash flow to make all of its plan짯ned R&D or stra짯te짯gic invest짯ments; poli짯ti짯cal, legal and eco짯no짯mic risks and natu짯ral dis짯as짯ters; future impairm짯ents of tech짯no짯lo짯gy licen짯se purcha짯ses; AMD셲 abili짯ty to attract and retain qua짯li짯fied per짯son짯nel; and AMD셲 stock pri짯ce vola짯ti짯li짯ty. Inves짯tors are urged to review in detail the risks and uncer짯tain짯ties in AMD셲 Secu짯ri짯ties and Exch짯an짯ge Com짯mis짯si짯on filings, inclu짯ding but not limi짯t짯ed to AMD셲 most recent reports on Forms 10멚 and 10멡.

CAUTIONARY STATEMENT

This press release con짯ta짯ins for짯ward-loo짯king state짯ments con짯cer짯ning Advan짯ced Micro Devices, Inc. (AMD) such as AMD셲 plans to add appro짯xi짯m짯ate짯ly 3,000 AMD engi짯neers to the AMD Tech짯no짯star R&D cam짯pus and the expec짯ted timing, acti짯vi짯ties, fea짯tures and bene짯fits rela짯ted to the new R&D cam짯pus, which are made pur짯su짯ant to the Safe Har짯bor pro짯vi짯si짯ons of the Pri짯va짯te Secu짯ri짯ties Liti짯ga짯ti짯on Reform Act of 1995. For짯ward-loo짯king state짯ments are com짯mon짯ly iden짯ti짯fied by words such as 쐗ould, 쐌ay, 쐃xpects, 쐀elie짯ves, 쐏lans, 쐇ntends, 쐏ro짯jects and other terms with simi짯lar mea짯ning. Inves짯tors are cau짯tio짯ned that the for짯ward-loo짯king state짯ments in this press release are based on cur짯rent beliefs, assump짯ti짯ons and expec짯ta짯ti짯ons, speak only as of the date of this press release and invol짯ve risks and uncer짯tain짯ties that could cau짯se actu짯al results to dif짯fer mate짯ri짯al짯ly from cur짯rent expec짯ta짯ti짯ons. Such state짯ments are sub짯ject to cer짯tain known and unknown risks and uncer짯tain짯ties, many of which are dif짯fi짯cult to pre짯dict and gene짯ral짯ly bey짯ond AMD셲 con짯trol, that could cau짯se actu짯al results and other future events to dif짯fer mate짯ri짯al짯ly from tho짯se expres짯sed in, or impli짯ed or pro짯jec짯ted by, the for짯ward-loo짯king infor짯ma짯ti짯on and state짯ments. Mate짯ri짯al fac짯tors that could cau짯se actu짯al results to dif짯fer mate짯ri짯al짯ly from cur짯rent expec짯ta짯ti짯ons include, wit짯hout limi짯ta짯ti짯on, the fol짯lo짯wing: Intel Corporation셲 domi짯nan짯ce of the micro짯pro짯ces짯sor mar짯ket and its aggres짯si짯ve busi짯ness prac짯ti짯ces; eco짯no짯mic uncer짯tain짯ty; cycli짯cal natu짯re of the semi짯con짯duc짯tor indus짯try; mar짯ket con짯di짯ti짯ons of the indus짯tries in which AMD pro짯ducts are sold; loss of a signi짯fi짯cant cus짯to짯mer; impact of the COVID-19 pan짯de짯mic on AMD셲 busi짯ness, finan짯cial con짯di짯ti짯on and results of ope짯ra짯ti짯ons; com짯pe짯ti짯ti짯ve mar짯kets in which AMD셲 pro짯ducts are sold; quar짯ter짯ly and sea짯so짯nal sales pat짯terns; AMD셲 abili짯ty to ade짯qua짯te짯ly pro짯tect its tech짯no짯lo짯gy or other intellec짯tu짯al pro짯per짯ty; unfa짯vorable cur짯ren짯cy exch짯an짯ge rate fluc짯tua짯tions; abili짯ty of third par짯ty manu짯fac짯tu짯r짯ers to manu짯fac짯tu짯re AMD셲 pro짯ducts on a time짯ly basis in suf짯fi짯ci짯ent quan짯ti짯ties and using com짯pe짯ti짯ti짯ve tech짯no짯lo짯gies; avai짯la짯bi짯li짯ty of essen짯ti짯al equip짯ment, mate짯ri짯als, sub짯stra짯tes or manu짯fac짯tu짯ring pro짯ces짯ses; abili짯ty to achie짯ve expec짯ted manu짯fac짯tu짯ring yields for AMD셲 pro짯ducts; AMD셲 abili짯ty to intro짯du짯ce pro짯ducts on a time짯ly basis with expec짯ted fea짯tures and per짯for짯mance levels; AMD셲 abili짯ty to gene짯ra짯te reve짯nue from its semi-cus짯tom SoC pro짯ducts; poten짯ti짯al secu짯ri짯ty vul짯nerabi짯li짯ties; poten짯ti짯al secu짯ri짯ty inci짯dents inclu짯ding IT outa짯ges, data loss, data brea짯ches and cyber-attacks; poten짯ti짯al dif짯fi짯cul짯ties in ope짯ra짯ting AMD셲 new짯ly upgraded enter짯pri짯se resour짯ce plan짯ning sys짯tem; uncer짯tain짯ties invol짯ving the orde짯ring and ship짯ment of AMD셲 pro짯ducts; AMD셲 reli짯ance on third-par짯ty intellec짯tu짯al pro짯per짯ty to design and intro짯du짯ce new pro짯ducts in a time짯ly man짯ner; AMD셲 reli짯ance on third-par짯ty com짯pa짯nies for design, manu짯fac짯tu짯re and sup짯p짯ly of mother짯boards, soft짯ware, memo짯ry and other com짯pu짯ter plat짯form com짯pon짯ents; AMD셲 reli짯ance on Micro짯soft and other soft짯ware ven짯dors sup짯port to design and deve짯lop soft짯ware to run on AMD셲 pro짯ducts; AMD셲 reli짯ance on third-par짯ty dis짯tri짯bu짯tors and add-in-board part짯ners; impact of modi짯fi짯ca짯ti짯on or inter짯rup짯ti짯on of AMD셲 inter짯nal busi짯ness pro짯ces짯ses and infor짯ma짯ti짯on sys짯tems; com짯pa짯ti짯bi짯li짯ty of AMD셲 pro짯ducts with some or all indus짯try-stan짯dard soft짯ware and hard짯ware; cos짯ts rela짯ted to defec짯ti짯ve pro짯ducts; effi짯ci짯en짯cy of AMD셲 sup짯p짯ly chain; AMD셲 abili짯ty to rely on third par짯ty sup짯p짯ly-chain logi짯stics func짯tions; AMD셲 abili짯ty to effec짯tively con짯trol sales of its pro짯ducts on the gray mar짯ket; impact of govern짯ment actions and regu짯la짯ti짯ons such as export regu짯la짯ti짯ons, tariffs and trade pro짯tec짯tion mea짯su짯res; AMD셲 abili짯ty to rea짯li짯ze its defer짯red tax assets; poten짯ti짯al tax lia짯bi짯li짯ties; cur짯rent and future claims and liti짯ga짯ti짯on; impact of envi짯ron짯men짯tal laws, con짯flict mine짯rals-rela짯ted pro짯vi짯si짯ons and other laws or regu짯la짯ti짯ons; impact of acqui짯si짯ti짯ons, joint ven짯tures and/or invest짯ments on AMD셲 busi짯ness and AMD셲 abili짯ty to inte짯gra짯te acqui짯red busi짯nesses;  impact of any impair짯ment of the com짯bi짯ned company셲 assets; rest짯ric짯tions impo짯sed by agree짯ments gover짯ning AMD셲 notes, the gua짯ran짯tees of Xilinx셲 notes and the revol짯ving cre짯dit faci짯li짯ty; AMD셲 indeb짯ted짯ness; AMD셲 abili짯ty to gene짯ra짯te suf짯fi짯ci짯ent cash to meet its working capi짯tal requi짯re짯ments or gene짯ra짯te suf짯fi짯ci짯ent reve짯nue and ope짯ra짯ting cash flow to make all of its plan짯ned R&D or stra짯te짯gic invest짯ments; poli짯ti짯cal, legal and eco짯no짯mic risks and natu짯ral dis짯as짯ters; future impairm짯ents of tech짯no짯lo짯gy licen짯se purcha짯ses; AMD셲 abili짯ty to attract and retain qua짯li짯fied per짯son짯nel; and AMD셲 stock pri짯ce vola짯ti짯li짯ty. Inves짯tors are urged to review in detail the risks and uncer짯tain짯ties in AMD셲 Secu짯ri짯ties and Exch짯an짯ge Com짯mis짯si짯on filings, inclu짯ding but not limi짯t짯ed to AMD셲 most recent reports on Forms 10멚 and 10멡.