What's inside Elon's building in Memphis will shock you

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the August 1st funding window closes.

AMD Acquires Another Company To Expand AI Arsenal

Anusuya Lahiri
June 05, 2025

Advanced Micro Devices, Inc (NASDAQ:AMD) on Wednesday announced the acquisition of Brium, a team of compiler and AI software experts with deep expertise in machine learning, AI inference, and performance optimization.

The financial terms of the transaction remain undisclosed.

Brium brings advanced software capabilities that strengthen AMD’s ability to deliver highly optimized AI solutions across the entire stack.

Their work in compiler technology, model execution frameworks, and end-to-end AI inference optimization will play a key role in enhancing the efficiency and flexibility of AMD’s AI platform.

Also Read: Rubrik Teams Up With AMD To Power AI-Ready, Cost-Effective Cloud Security Solutions

The acquisition marks the latest in a series of targeted investments, following AMD’s acquisitions of Silo AI, Nod.ai, and Mipsology, that boosts its ability to support the open-source software ecosystem and deliver optimized performance on its hardware.

Last week, AMD announced the acquisition of Enosemi, a move to accelerate co-packaged optics innovation for AI systems. The financial terms of the deal remain undisclosed.

AMD held $6.06 billion in cash and equivalents as of March 29, 2025. AMD stock plunged 29% in the last 12 months as it grappled with intensifying rivalry from Nvidia Corp (NASDAQ:NVDA), a cooling tech rally, and the Trump administration’s tariff policies.

AMD reported first-quarter revenue of $7.44 billion, up 36%, beating analyst estimates of $7.13 billion. The chipmaker reported first-quarter adjusted earnings of 96 cents per share, beating analyst estimates of 94 cents per share.

AMD expects second-quarter revenue of approximately $7.4 billion, plus or minus $300 million. Analysts are currently forecasting second-quarter revenue of $7.24 billion.

Price Action: AMD stock is trading higher by 0.42% to $119.08 premarket at last check Thursday.

Read Next:

  • Apple App Store Sales Jump In May, Boosting Outlook For Services Growth

Photo by jamesonwu1972 via Shutterstock

Continue Reading...

Popular

Trump's Ex-Commerce Secretary Warns China Won't Bow To US Like EU, Japan: 'If There's A Real Trade War…'

Wilbur Ross, the former Commerce Secretary under President Donald Trump, has cautioned that the U.S.-China trade war is far from over, despite recent trade agreements with the EU and Japan.

Ethereum Treasuries Could Soon Own 10% Of All ETH: Standard Chartered

Standard Chartered Bank says Ethereum (CRYPTO: ETH)-focused corporate treasuries have already purchased 1% of all ETH in just two months and could grow to own as much as

Palantir Just Made a Power Move - Ad

The data giant inked a deal with a company that's already deployed nationwide. It is real-world security.

Celestica Stock Surges On Q2 Earnings Beat, Company Raises 2025 Outlook On 'Strengthening' Demand

Celestica announces financial results for the second quarter Monday after the bell. Here's a rundown of the supply chain solutions company's report.

Microsoft Authenticator is ending password autofill soon. How to set up a passkey before Aug. 1

NEW YORK (AP) — If you're a Microsoft Authenticator user, like me, you’ve probably received at least one notice that the app's password management features are no longer usable and that your stored passwords will be deleted on Aug. 1. Yes, you read right, your passwords will be DELETED this Friday.

The $10 Stock at the Center of Trump's $100 Trillion Move - Ad

Trump's economic blueprint is about to go live, and the deadline is fast-approaching. A new federal plan could legally unlock $100 trillion in U.S. resources... and one $10 stock could lead the charge. Former hedge fund manager Whitney Tilson explains how to act now, before this hits the headlines.

VeriSign Stock Falls After Berkshire Hathaway Cuts Holdings

VeriSign Inc. shares drop as Berkshire Hathaway sells chunk of holdings. Sale aims to reduce ownership below 10% regulatory threshold.

New Jersey US Attorney Fired After Being Chosen Over Former Trump Lawyer Alina Habba

The U.S. Attorney for the District of New Jersey, Desiree Leigh Grace, has been dismissed by the Justice Department.

Don't Touch Tesla Stock Without Reading This First - Ad

Jeff Brown, an early Tesla bull, warns of a strange "Tesla Glitch" uncovered by Wall Street legend Larry Benedict. This anomaly has preceded $25B-$100B swings in Tesla's value - and he's using it to anticipate moves without buying or shorting a single share.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

Europe's central bank to hold off on another rate cut until it knows how bad the tariff blow will be

FRANKFURT, Germany (AP) — The European Central Bank will likely hold off on making another interest rate cut Thursday, choosing to wait until it can measure the size of any economic blow from .

Top Chinese, US trade officials huddle in Sweden for second day of thorny talks over tariffs

STOCKHOLM (AP) — Chinese and U.S. trade officials arrived for a second day of meetings in the Swedish capital Tuesday to try to break a logjam over tariffs that have skewed the pivotal commercial ties between the world's two largest economies.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Typhoon Wipha topples trees and causes major flight disruptions in Hong Kong and southern China

HONG KONG (AP) — Typhoon Wipha toppled trees and caused major flight disruptions Sunday in and at some nearby airports in China as it moved west off the southern coast of .

Draganfly Stock Is Moving Higher Wednesday: What's Going On?

Dragonfly shares are trading higher Wednesday after the company announced its Cammander3 XL UAV has been selected by the Department of Defense for advanced operation initiatives.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Palantir's Partner Is Taking Off - Ad

Palantir's stock is rising, but their new partner is moving even faster after a surprise announcement. AI meets real-world security.

Forget 'Wealth': Warren Buffett Says This Word Is the True Measure of Success

Warren Buffett imparted his unique viewpoint on success, underscoring the significance of love and respect over the accumulation of wealth.

Charles Schwab To Launch Bitcoin, Ethereum Trading Services

Charles Schwab (NYSE:SCHW), one of the largest brokerage firms in the United States, has confirmed plans to launch Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO:

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Russia insists on achieving Ukraine goals despite Trump's ultimatum

Russia is open to peace with Ukraine, but achieving its goals remains a priority, Kremlin spokesman Dmitry Peskov said Sunday, days after U.S. President to agree to a ceasefire or .

The Last Time This Warning Flashed, S&P 500 Crashed The Most Since 2008

A rare warning signal has reappeared in the market, with a low bull-bear spread and high investor indecision.

Tap Into the $65B 'Shroom Boom' - Ad

People are rapidly discovering how mushrooms can enhance brain function, gut health, immunity, and more. The only thing holding them back? A simple way to grow them. Hypha Labs built a compact countertop device to solve exactly that.

US Passport Slides To Lowest Rank In Decades As Visa Waiver Deals Stall

US passport slips to 10th place on Henley Passport Index, down from 1st in 2014. Analysts cite stricter vetting and stalled reciprocity talks.

Elizabeth Warren Has The Receipts: 'Bribery In Plain Sight' Funding Trump's Library

Several companies have donated to President Donald Trump's future presidential library. Senator Elizabeth Warren calls this potential "bribery in plain sight."

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the August 1st funding window closes.

Can you ever expect privacy in public? Coldplay kiss camera saga tells us a lot about the answer

NEW YORK (AP) — When the landed on a couple who tried (but failed) to duck out of the spotlight, the internet immediately got to work.

Palantir Just Made a Power Move - Ad

The data giant inked a deal with a company that's already deployed nationwide. It is real-world security.

AMD Stock Is Sliding Tuesday: What's Driving The Action?

Shares of Advanced Micro Devices are trading lower Tuesday afternoon. The stock is caught in a broader downturn affecting the semiconductor industry.

EU and Japan agree to work together to promote free trade and economic security

TOKYO (AP) — Leaders of the and Japan launched an alliance Wednesday aimed at boosting economic cooperation, defending free trade and countering unfair trade practices as the two sides face growing challenges from the United States and China.

The $10 Stock at the Center of Trump's $100 Trillion Move - Ad

Trump's economic blueprint is about to go live, and the deadline is fast-approaching. A new federal plan could legally unlock $100 trillion in U.S. resources... and one $10 stock could lead the charge. Former hedge fund manager Whitney Tilson explains how to act now, before this hits the headlines.

Don't Touch Tesla Stock Without Reading This First - Ad

Jeff Brown, an early Tesla bull, warns of a strange "Tesla Glitch" uncovered by Wall Street legend Larry Benedict. This anomaly has preceded $25B-$100B swings in Tesla's value - and he's using it to anticipate moves without buying or shorting a single share.

Tea-loving Nepal is warming up to coffee

KATHMANDU, Nepal (AP) — Coffee hasn't always been an easy sell in .

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright 2025 markethundred.com
Privacy Policy | Terms of Service