PR AMD Announces Plan to Invest Approximately $400 Million Over the Next Five Years to Expand Research, Development and Engineering Operations in India

[Pressemitteilung]

<h3 class="spr-ir-news-article-title">— 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 —</h3>

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.

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