February 2, 2022

AMD specific news

AMD charts stronger 2022 as data-center revenue booms; shares surgeedit

Advanced Micro Devices Inc forecast 2022 revenue above expectations on Tuesday, driving its shares up as much as 11% in after-hours trading, as stellar demand for its chips used in data center servers is expected to continue to drive growth.

Publication: ET Telecom

AMD brand mentions

AMD’s stellar report fuels chip stock rallyedit

Shares of chipmakers Nvidia Corp, Qualcomm Inc and Micron Technology Inc got a lift in extended trade on Tuesday after Advanced Micro Devices Inc reported strong quarterly demand for its semiconductors, despite global supply snags.

Publication: The Economic Times

Competition in news

Why India’s building a mega semiconductor fab facilityedit

India is going to build a world-class semiconductor fabrication facility. The plan is to initially build one mega semiconductor cluster, like Hsinchu in Taiwan or Woodlands Wafer Fab Park in Singapore, Saurabh Gaur, joint secretary in the ministry of electronics & IT, said last week at our webinar in association with the semiconductor industry body VLSI Society of India

Publication: The Times of India

Partner in news

Budget 2022: What top execs of TCL, Haier, Acer and others have to sayedit

“The Union Budget announced today showcased the government’s initative towards Digital Transformation. We are confident that the exemption of duty on parts of select electronic items will further boost the domest manufactuing of electronic goods under the PLI scheme.” – Alok Dubey, Chief Financial Officer, Acer India.

Publication: The Times of India

Lenovo unveils TruScale HPC as a serviceedit

Lenovo Infrastructure Solutions Group (ISG) recently concluded its Winterstock event and unveiled Lenovo TruScale High Performance Computing as a Service (HPCaaS), delivering the power of supercomputing to organizations of all sizes through a cloud-like experience.

Publication: CRN

Industry news

Government to allocate around Rs 4,000 crore for PLI scheme to encourage 5G design-led manufacturingedit

The government will likely allocate around Rs 4,000 crore for a production linked incentive (PLI) scheme to encourage 5G design-led manufacturing, the announcement for which is expected later this week.

Publication: The Economic Times

Budget 2022: Data centres to be given infrastructure status to boost financing of sectoredit

Finance Minister Nirmala Sitharaman on February 1 announced that data centre and energy storage system will be given infrastructure status to provide easy financing to the sector.

Publication: Moneycontrol

Gaming sector to get more playedit

In a bid to focus on job creation in the animation, visual effects, gaming and comic (AVGC) sector, the Centre will set up a task force of stakeholders that will recommend measures to strengthen the development of the sector. Experts said this will pave the way for structural interventions to boost the sector that has potential to create 20 lakh jobs.

Publication: The Hindu

Why India’s building a mega semiconductor fab facilityedit

India is going to build a world-class semiconductor fabrication facility. The plan is to initially build one mega semiconductor cluster, like Hsinchu in Taiwan or Woodlands Wafer Fab Park in Singapore, Saurabh Gaur, joint secretary in the ministry of electronics & IT, said last week at our webinar in association with the semiconductor industry body VLSI Society of India

Publication: The Times of India

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