Advanced Micro Devices, Inc. (AMD) has entered into a definitive merger agreement to acquire World Labs Technologies, Inc. for a total purchase price of approximately $8.2 billion. The acquisition will be an all-stock transaction, with AMD issuing unregistered shares of its common stock to World Labs' stockholders.
Key Details
- Agreement Date: September 26, 2026
- Purchase Price: Approximately $8.2 billion, payable entirely in AMD common stock.
- Share Calculation: The final number of shares issued will be calculated based on the 10-day volume-weighted average price of AMD stock prior to the closing date of the acquisition.