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AMD looking to ramp up engineering team in India

https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/semiconductor-company-amd-looking-to-ramp-up-engineering-team-in-india/articleshow/68626279.cms

Uh oh, is AMD the next Lehman Bros?

You may or may not recall Intel tried the same thing years ago with its Whitefield processor proj, with disastrous results.

Time to short the AMD stock fast.

“Semiconductor company Advanced Micro Devices (AMD) is looking to strengthen its India team, with focus on building teams to work on artificial intelligence and wireless technology, says Ruth Cotter, senior vice-president of worldwide marketing, human resources and investor relations at the Santa Clara, California-headquartered company”.