New Delhi US chipmaker Advanced Micro Devices’ (AMD) decision to invest $400 million in India isn’t tied to government incentives but rather a vote of confidence in the country’s strong talent pool, said Mark Papermaster, chief technology officer at AMD. In an interview, Papermaster said most of the investment will go towards hiring 3,000 engineers by 2028. He said steps taken by the government to develop semiconductor skills and other initiatives will make India a global talent hub.
Will AMD seek government incentives under the Semicon scheme for the $400 million investment and if so, how much? The announcements from AMD are not tied to government incentives. Is it a cost benefit to have larger ER&D (engineering, research and development) operations in India for a chipmaker? AMD has a 20-plus-year R&D presence in India and the team here is a key contributor across our broad product portfolio. We benefit from the deep talent in India.
AMD India already has chip engineers and designers. How will the new additions impact the company? We plan to grow our full-time employees from 6,500 plus today to up to 9,500 plus by end-2028. The additional engineers will enable AMD to stay ahead and design products combining leadership performance and energy efficiency while adding AI acceleration across our product portfolio.
What technical elements will the investment entail? The investment covers a new office in Bangalore. This will be our largest design centre in the world, and it will open later this year. The campus is 500,000 square feet and has hybrid workspaces and the latest collaborative tools designed to foster teamwork and innovation.
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