AMD to buy World Labs for about $8.2 billion in stock

Advanced Micro Devices is making a major AI-model bet: the chipmaker said it has agreed to acquire World Labs Technologies in an all-stock deal valued at about $8.2 billion.

In a Form 8-K accepted after Monday’s close, AMD said it entered an Agreement and Plan of Merger on September 26, 2026, to buy all equity interests in World Labs for roughly $8.2 billion in AMD common stock, subject to customary adjustments. The number of shares is not yet fixed; it will be calculated from the daily volume-weighted average price of AMD stock over the 10 consecutive trading days ending on and including the second trading day before closing. AMD said it intends to issue the shares privately under Securities Act Section 4(a)(2) and/or Rule 506 of Regulation D.

A September 28 company press release described World Labs as an AI model and research lab led by Dr. Fei-Fei Li and based in San Francisco. The lab develops spatial-intelligence models that generate, reconstruct, and simulate interactive 3D environments from text, image, and video inputs, plus technology for robotic learning and simulation. After closing, AMD said the World Labs team will keep focusing on AI model research, and Li will join as executive vice president and chief scientist, reporting to Chair and CEO Dr. Lisa Su.

AMD said the deal is expected to close by the end of 2026, subject to regulatory approvals and other customary conditions. Shares closed Monday at $607.87, down about 3.6% from Friday’s close and up roughly 172% year to date.

By the numbers

• Purchase price: about $8.2 billion in AMD common stock
• Merger agreement date: September 26, 2026
• Share count: 10-trading-day VWAP ending two sessions before close
• Expected close: by end of 2026 (subject to approvals)
• AMD Monday close: $607.87 (−3.6% vs Friday; +172% YTD)

Sources

1. Advanced Micro Devices, Inc. Form 8-K (Item 3.02), accepted September 28, 2026 4:16:47 p.m. ET, accession 0000002488-26-000182
2. Advanced Micro Devices, Inc. investor relations press release, “AMD to Acquire World Labs to Advance the Future of AI Compute,” September 28, 2026

This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.

Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.