AMD has unveiled plans to take a position $135 million over the subsequent 4 years in a number of strategic analysis and growth initiatives in Eire. To assist its R&D efforts there, focused at creating expertise for knowledge facilities, networking, 6G infrastructure, and subsequent technology AI, AMD stated it’ll rent 290 engineers and researchers, along with various further assist roles.
The information comes a yr after AMD paid $49 billion to amass fabless semiconductor firm Xilinx, which has been working manufacturing and engineering operations in Eire since 1994.
The Xilinx acquisition was seen as a approach for AMD to bolster its potential to serve knowledge heart AI workloads — significantly in machine studying — an space the place it has historically lagged behind Nvidia. Previous to the acquisition, Xilinx had partnered with IDA (Industrial Improvement Company) Eire on various events to advance semiconductor innovation within the nation.
AMD stated Eire has grow to be dwelling to one of many largest AMD R&D websites in Europe, overseeing the manufacturing of various semiconductors, such because the AMD Zynq UltraScale+ RFSoC, which is utilized in 5G and LTE wi-fi infrastructure.
“For practically three a long time, Eire has been a flagship European R&D centre creating adaptive computing options, drawing from a robust and highly-skilled workforce,” stated Ruth Cotter, senior vice chairman of selling, communications and human assets at AMD, in a press release. “By additional investing and increasing our presence in Dublin and Cork, we’re dedicated to persevering with to each drive innovation in Eire and to assist the European semiconductor ecosystem.”
Deal with knowledge heart, cell comes as PC market declines
The concentrate on cell communications, the information heart and enterprise-oriented expertise like networking and AI workloads comes at a time when PC gross sales are declining. At the start of Could, AMD reported a year-on-year income drop of 9% throughout its first monetary quarter of 2023. The decline was principally because of the slumping PC market, which based on IDC noticed shipments fall by 30% within the first quarter of the yr. Because of this, AMD’s gross sales from PC processors fell from $2.1 billion within the first monetary quarter of 2022, to $739 million throughout the equal quarter this yr.
Nonetheless, AMD did see progress in its knowledge heart phase, with gross sales hitting $1.295 billion, a small improve from $1.293 billion throughout the year-earlier interval. Moreover, income in AMD’s enterprise, embedded and semicustom phase, which incorporates server and embedded processors, expertise for recreation consoles, and semicustom system-on-chips (SoCs), grew from $967 million to $1.6 billion yr over yr.
Chatting with analysts after the outcomes had been reported, Jean Hu, govt vice chairman and CFO stated this progress was partially as a consequence of further income from the corporate’s buy of Xilinx.
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