Advanced Micro Devices (AMD) has acquired MEXT, a startup that specialises in AI-driven memory optimisation for data centres, in a move aimed at tackling one of the industry's most persistent challenges: memory constraints in large-scale AI workloads.
The acquisition was announced on June 15, 2026. Financial terms were not disclosed. Following the news, AMD shares rose more than 6%, reaching about $547.81.
What MEXT does
MEXT has developed memory tiering technology that makes flash storage behave more like DRAM, expanding usable memory capacity while maintaining performance. Its Predictive Memory Engine continuously monitors memory access patterns and uses AI models to predict which data held in flash will be needed next, moving infrequently accessed data from costly DRAM to lower-cost NAND storage.
Why AMD wants it
AMD said it plans to integrate MEXT's technology across its data-centre portfolio to help enterprise customers cut infrastructure costs and improve resource utilisation as AI models, analytics and high-performance computing workloads grow in size and complexity. The deal also brings MEXT's memory systems engineering team into AMD.
Sources: AMD, Tom's Hardware, SiliconANGLE, Yahoo Finance.