AMD seeks luck of the Irish with $135M investment for adaptive computing R&D
AMD plans to invest $135 million in strategic research and development projects in Ireland over the next four years, focused on what it dubbed adaptive computing research.
The US chipmaker said it intends to fund projects targeting technology for datacenters, networking, 6G telecoms infrastructure, and next-generation AI. The move is expected to create up to 290 highly skilled engineering and research positions, as well as a broad range of additional support roles. Not surprisingly, the new investment is welcomed by the Irish government, which is supporting it via IDA Ireland, the country's industrial development agency.
"The Irish government, through IDA Ireland, is delighted to support this expansion, further solidifying our commitment to nurturing a vibrant ecosystem for research, development, and engineering," said Ireland's Minister for Enterprise, Trade and Employment Simon Coveney., and that company has had a presence in Ireland since 1994 for manufacturing and engineering.
"By further investing and expanding our presence in Dublin and Cork, we are committed to continuing to both drive innovation in Ireland and to support the European semiconductor ecosystem," AMD's senior veep for Marketing, Ruth Cotter, said in a statement.
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