The integration of Mext’s proprietary software allows flash storage to mimic the behavior of DRAM at the operating system level. By increasing usable memory capacity while maintaining high performance, the technology seeks to lower both power consumption and overall computing costs. AMD has not disclosed the financial terms of the transaction, which was previously backed by investors including Clear Ventures.
In section Market Quotes
AMD Acquires Mext to Target Memory Bottlenecks
Advanced Micro Devices has acquired Mext, a startup specializing in AI-driven predictive memory technology, to tackle performance constraints in cloud and enterprise computing environments. The Santa Clara-based firm, founded just last year, aims to bridge the gap between flash storage speed and the efficiency of traditional DRAM.
Following the announcement, AMD shares climbed 7% to $548.45. This performance outperformed competitors Intel and Nvidia during a broader market rally triggered by an interim peace agreement between the United States and Iran.
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