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AMD Acquisition Of MEXT Could Pressure Nvidia’s AI Playbook!

Advanced Micro Devices has moved to strengthen its AI infrastructure stack by acquiring MEXT, a memory-optimization company focused on AI-powered software that helps make lower-cost flash storage more effective for enterprise workloads. The deal comes at a timely moment, with memory prices rising sharply across the technology supply chain and creating pressure for cloud providers, gaming platforms, PC makers, and data center operators. AMD’s stock rose 7.7% to $550.75 after the announcement, approaching a $900 billion market value, as investors viewed the acquisition as a potential hedge against one of the biggest cost bottlenecks in AI deployment. The move also follows AMD’s strong first-quarter 2026 results, where revenue rose 38% year-over-year to $10.3 billion, led by 57% Data Center growth, record EPYC CPU revenue, and growing Instinct GPU adoption across cloud, enterprise, sovereign, and supercomputing customers.