StocksMedium•29 September 2026•
1 min read
AMD Shares Rise Following $8.2 Billion Acquisition of World Labs
Key Facts
1AMD shares edged higher following the announcement of an $8.2 billion deal to acquire World Labs.
2Other semiconductor stocks gained in tandem with the AMD deal news.
AMD shares edged higher following the announcement of an $8.2 billion deal to acquire World Labs. Barron's reported that the acquisition news provided a positive catalyst for the chip sector, helping to offset previous pressure from rising Treasury yields.
Other semiconductor stocks gained in tandem with the AMD deal news, as NVDA closed at $228.86 on September 28, 2026. On the same date, AMD closed at $607.87, while INTC ended the session at $116.03 and TSM finished at $452.88.