Hyderabad is taking baby steps in becoming a venue for chip development. Ceremorphic, an American company that is focused on designing supercomputing chips has set up its first development center in Bhagwannagar. Built on over 35,000 square feet, the center will cater to chip development in collaboration with IIT Hyderabad. A section of the company's 150 employees are based at a 35,000 sq ft facility and the idea is to upscale the headcount to 400 by 2024 in Hyderabad.
The company's management has revealed that Ceremorphic is moving towards the manufacture of a supercomputing chip. The company said it would build the TSMC5nm Node with the utmost reliability and power capability. The customer samples of the process node are expected to be ready by 2023. Commercial production is set to begin in 2024. The company, founded in April 2020 is planning to invest $10 million on the facility annually for the next few years.
Ceremorphic has 100 patents and is expected to have 250 patents by end of this year. The company's founder and CEO Venkat Mattela say the US firm will heavily depend on the engineering contribution from the Hyderabad design center as all the engineering and R&D happens here.