AMD Design Centre Puts India on Way to the Top of Chip Value Chain

The $Advanced Micro Devices(AMD)$ company has decided to launch the largest design centre in #India which will push the semiconductor hub.

$Advanced Micro Devices(AMD)$ design centre puts India on way to the top of chip value chain.

The vast pool of skilled and English-speaking talent makes India the third largest startup destination in the world. It has witnessed significant growth, especially in the wake of the pandemic. As of May 31, 2023, India was home to over 99,000 startups. This has helped attract companies like $Apple(AAPL)$ and $Advanced Micro Devices(AMD)$ to India to set up tech hubs.

It is understood that $Advanced Micro Devices(AMD)$ has opened its largest global design center in Bangalore. The state-of-the-art campus plans to employ approximately 3,000 engineers over the next few years and focus on the design and development of semiconductor technologies, including 3D stacking, artificial intelligence, machine learning and more.

$Advanced Micro Devices(AMD)$ Technostar campus is part of the company's $400 million investment in India over the next five years.

$Advanced Micro Devices(AMD)$ India Country Head Jaya Jagadish said: "The India Design Center was established in 2004 with a handful of employees. Today, 25% of AMD's global employees are based in India, supporting the development of AMD's leading products in areas such as data centers, gaming, PCs and more. and embedded clients.

$Advanced Micro Devices(AMD)$ now price at $118.57 with an YTD of 83%.

The PC GPU ‘s Q323 shipment data shows $Advanced Micro Devices(AMD)$’s overall market share saw an increase of 2.4% compared to the previous quarter, while Intel’s market share declined by 3.7%, and Nvidia experienced a 1.3% rise. In terms of GPU unit shipments, there was a 16.8% increase over the previous quarter, doubling the average growth rate of 8.8% seen over the past decade.

Looking ahead, Jon Peddie Research forecasts a compound annual growth rate of 4.18% for GPUs from 2022 to 2026.

Perhaps the establishment of the Indian design center can help $Advanced Micro Devices(AMD)$ participate more in the production and market share competition of the GPU market.

Will you get on board of $Advanced Micro Devices(AMD)$ after the stock price pulls back?