AMD Buys Memory Technology Company Mext

Dow Jones01:43

By Josh Beckerman

Advanced Micro Devices acquired Mext, whose technology is expected to address memory-related bottlenecks across cloud and enterprise environments.

Mext's AI-powered predictive memory technology is "designed to make flash behave more like DRAM, helping expand usable memory capacity while maintaining performance and efficiency," AMD said.

Santa Clara, Calif.-based Mext was founded in 2023. Investors include Clear Ventures.

AMD's announcement didn't state the deal price.

According to Mext's website, its technology makes flash storage appear as DRAM-speed memory to the operating system, helping to reduce computing costs and power consumption.

AMD shares were recently up 7% to $548.45, outpacing the gains of Intel and Nvidia amid broader stock increases after the U.S. and Iran agreed on an interim peace deal.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

June 15, 2026 13:43 ET (17:43 GMT)

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Investors include Clear Ventures.According to Mext's website, its technology makes flash storage appear as DRAM-speed memory to the operating system, helping to reduce computing costs and power consumption.AMD shares were recently up 7% to $548.45, outpacing the gains of Intel and Nvidia amid broader stock increases after the U.S. and Iran agreed on an interim peace deal.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"AMD收购内存技术公司Mext","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/68c574a22973ed2034d0668157150014","symbols_score_info":{"AMD":1.96,"DAMD":0.6,"AMUU":0.6,"AMDW":0.6,"AMDL":0.6,"AMDS":0.6,"AMDG":0.6,"AMDU":0.6,"AMDY":0.6,"AMDD":0.6,"AMYY":0.6},"content_text":"By Josh Beckerman \n\n\n \n\n\n  Advanced Micro Devices acquired Mext, whose technology is expected to address memory-related bottlenecks across cloud and enterprise environments. \n\n\n  Mext's AI-powered predictive memory technology is \"designed to make flash behave more like DRAM, helping expand usable memory capacity while maintaining performance and efficiency,\" AMD said. \n\n\n  Santa Clara, Calif.-based Mext was founded in 2023. Investors include Clear Ventures. \n\n\n  AMD's announcement didn't state the deal price. \n\n\n  According to Mext's website, its technology makes flash storage appear as DRAM-speed memory to the operating system, helping to reduce computing costs and power consumption. \n\n\n  AMD shares were recently up 7% to $548.45, outpacing the gains of Intel and Nvidia amid broader stock increases after the U.S. and Iran agreed on an interim peace deal. \n\n\n \n\n\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 15, 2026 13:43 ET (17:43 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2643200934","isCrawlerRequest":true}