financetom
Business
financetom
/
Business
/
Advanced Micro Devices Acquires Enosemi
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Advanced Micro Devices Acquires Enosemi
May 28, 2025 11:27 AM

02:04 PM EDT, 05/28/2025 (MT Newswires) -- Advanced Micro Devices ( AMD ) said Wednesday it has acquired Enosemi to help develop a variety of photonics and co-packaged optics solutions across next-gen AI systems.

"Enosemi has collaborated with us as an external development partner on photonics," Brian Amick, AMD's senior vice president of technology and engineering, said in a blog post.

"This acquisition extends that successful relationship," he added.

Financial terms of the transaction were not disclosed.

Price: 113.87, Change: -0.69, Percent Change: -0.60

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exclusive-US consumer finance watchdog moves on new rules ahead of Trump takeover
Exclusive-US consumer finance watchdog moves on new rules ahead of Trump takeover
Nov 27, 2024
(Reuters) - The U.S. consumer finance watchdog is moving ahead with rulemaking in the final weeks of Joe Biden's Democratic administration, in a bid to advance consumer protections before President-elect Trump overhauls the agency, said three people familiar with the agency's thinking. The Consumer Financial Protection Bureau hopes to finalize a ban on including medical debt in credit reports, a...
BRIEF-Glazer Capital Reports 5.09% Passive Stake In Vista Outdoor
BRIEF-Glazer Capital Reports 5.09% Passive Stake In Vista Outdoor
Nov 27, 2024
Nov 27 (Reuters) - Glazer Capital: * GLAZER CAPITAL REPORTS 5.09% PASSIVE STAKE IN VISTA OUTDOOR AS OF NOV 20- SEC FILING Source text: Further company coverage: ...
Power Nickel Hires Jon Christian Evensen as a Strategic Advisor
Power Nickel Hires Jon Christian Evensen as a Strategic Advisor
Nov 27, 2024
12:57 PM EST, 11/27/2024 (MT Newswires) -- Power Nickel ( PNPNF ) on Wednesday said it engaged Jon Christian Evensen as a strategic advisor to the company. Evensen will advise the board and management on a variety of topics including strategic transactions, capital markets, and maximizing the value of the company's assets for shareholders. As the company looks forward from...
Jayud Global Logistics Regains Compliance With Nasdaq Listing Requirement
Jayud Global Logistics Regains Compliance With Nasdaq Listing Requirement
Nov 27, 2024
12:56 PM EST, 11/27/2024 (MT Newswires) -- Jayud Global Logistics ( JYD ) said Wednesday it regained compliance with Nasdaq's minimum bid price requirement. The company maintained a minimum closing bid price of $1 or more for at least 10 straight business days to meet compliance for listing. Price: 1.13, Change: -0.11, Percent Change: -8.71 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved