‘Semiconductors not just our need’: PM Modi pitches India as viable chip hub to global investors

US CHIP design major Advanced Micro Devices (AMD) will invest up to $400 million in India over the next five years and will set up its biggest design facility in the country, a top executive of the company said Friday.
The California-based chipmaker will use that investment to open its design centre in the tech hub of Bengaluru, its chief technology officer Mark Papermaster said.
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