Amd: AMD ‘dials’ India to keep up with growing product demand

US chipmaker AMD last week said that it will invest around $400 million in India over the next five years to build its largest design centre in Bengaluru, highlighting the country’s importance as the emerging IT hub in the world. Now, AMD CTO Mark Papermaster has termed India as an important market for the company to keep up with the growing demand for its products.

While talking to CNBC, Papermaster said AMD needs India to keep up with the growing demand for its products.

“We have a global workforce. Our design efforts are global and doubling down on those investments, continuing our growth in India, are all part of what we need to stay pace with the growing demand for our products,” Papermaster was quoted as saying.
The company’s largest design centre is expected to open before the end of 2023 and by the end of 2028, it is expected to add about 3,000 engineering roles.

“We started with a small number of employees in Delhi in 2001. Today, we have over 6,500 full-time employees, and over 3,500 service contractors. So it’s with a population of about 10,000 people. And we’re really pleased to be growing our investment in India — a huge part of our portfolio and product development,” said Papermaster.

AMD’s AI chip
Earlier this year, AMD unveiled its flagship MI300 artificial intelligence (AI) chip and called it the most-advanced GPU for AI. The company CEO Lisa Su recently said that the company is now set to ramp up production of its flagship chips in the fourth quarter.

She highlighted ‘very high’ customer interest in the MI300 series chips and AMD also expanded its work with “top-tier cloud providers, large enterprises and numerous leading AI companies” during the third quarter.
She noted that the company is also looking to tap the Chinese market and is ready to modify its strategy. AMD aims to challenge market leader Nvidia that currently sells H100 chips.