This comes after disclosures that Washington had expanded export license requirements for Nvidia and Advanced Micro Devices artificial-intelligence chips.

A host of companies including AMD, Applied Materials, Analog Devices, and Synaptics are making concerted efforts to build a pipeline of female talent through targeted recruitment drives, mentoring, employee resource groups, pay adjustments, and leadership development, industry executives said.

Advanced Micro Devices on Tuesday forecast a strong fourth quarter driven by the planned launch of artificial-intelligence chips that could compete with Nvidia chips, with the company's CEO saying it sees an "opportunity" to sell its AI chips in China.

US-based technology company AMD has announced it will invest $400mn in India over a five-year period and open its research and development centre in Bengaluru. The decision was welcomed by India's Minister of State for IT and Electronics, Rajeev Chandrasekhar, who said it will help develop a strong semiconductor design and innovation ecosystem in the country while providing opportunities for skilled semiconductor engineers and researchers and catalysing India's goal of becoming a global talent hub.

Advanced Micro Devices (AMD) plans to build its largest design centre in Bengaluru and invest around $400m in India over the next five years. The centre is expected to open by year-end and create 3,000 engineering jobs in India over five years. It will increase AMD's footprint in India from nine locations to ten, where the chipmaker already employs more than 6,500 people.

equipment development. AMDs opeVinay Sinha says 6,000 engineers in India are looped into every aspect of data centre business; firms business doubled in last two years.

AMD India's Corporate Vice President of India Sales, Vinay Sinha, declares the company's deep commitment to India, citing the invaluable contributions of Indian engineers to its chipsets. The company is eyeing support of the ecosystem in its entirety and encourages investment in chip manufacturing in India, not only critical for AMD but also for India's semiconductor industry.

Nvidia dominates the market for the powerful chips that are used to create ChatGPT and other AI services that have swept through the technology industry in recent months. The popularity of those services has pushed Nvidia's value past $1 trillion and led to a shortage of its chips that the Nvidia says it is working to resolve.