StocksMediumUpdated•Originally published 29 September 2026•Updated 29 September 2026•
1 min read
AMD Acquires World Labs for $8.2 Billion to Bolster AI Capabilities
Key Facts
1AMD announced the acquisition of World Labs, an artificial intelligence company.
2World Labs was founded by prominent AI researcher Fei-Fei Li.
AMD acquired the startup World Labs in a deal valued at $8.2 billion. The transaction was structured as an all-stock deal, aiming to integrate advanced AI research led by Fei-Fei Li into AMD's hardware and software ecosystem.
AMD closed at $607.87 on September 28, 2026, while rival NVDA recorded a close of $228.86 on the same date. Within the semiconductor sector, INTC closed at $116.03 and TSM finished at $452.88 on September 28, 2026.