— Investment expected to create largest AMD design center with addition of approximately 3,000 engineering roles and new Bangalore campus opening before end of 2023 —

GANDHINAGAR, India, July 28, 2023 (GLOBE NEWSWIRE) — Semi­con­In­dia 2023 — AMD (NASDAQ: AMD) today announ­ced plans for con­tin­ued growth in India through an appro­xi­ma­te $400M invest­ment over the next five years. The plan­ned invest­ment includes a new AMD cam­pus in Banga­lo­re, Kar­na­ta­ka that will ser­ve as the company’s lar­gest design cen­ter, as well as the addi­ti­on of appro­xi­m­ate­ly 3,000 new engi­nee­ring roles by the end of 2028.

The new AMD cam­pus is expec­ted to open befo­re the end of 2023 and will fea­ture exten­si­ve lab space, sta­te-of-the-art col­la­bo­ra­ti­on tools and sea­ting con­fi­gu­ra­ti­ons desi­gned to fos­ter team­work. The invest­ment is sup­port­ed by the various poli­cy initia­ti­ves of the Govern­ment of India focu­sed on the semi­con­duc­tor indus­try. (…) Wei­ter­le­sen »