Why AMD's Recent Acquisition Makes the Stock Even More Attractive
AMD's acquisition of MEXT has the potential to be a game changer for the company.
Why AMD's Recent Acquisition Makes the Stock Even More Attractive
Overview
Advanced Micro Devices (NASDAQ: AMD) has been one of the market's hottest stocks over the past year, and the announcement that it is set to acquire MEXT could help the company continue its charge higher.
MEXT has developed a memory-optimization technology, driven by artificial intelligence (AI), that can make NAND (flash) memory appear to an operating system as dynamic random access memory (DRAM). It's a memory-tiering software solution that can offload seldom-accessed data from DRAM to unused flash while maintaining performance. Its AI engine continuously analyzes memory access patterns, predicts which data stored in flash will be needed next, and transfers it back into DRAM before an application even requests it.
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Originally published at www.fool.com.
