Advanced Micro Devices, Inc. ( AMD ) stock is moving slightly higher on Monday as several chip stocks rise. The company announced Monday that it completed the acquisition of Silo AI, the largest private AI lab in Europe.

What To Know: The $665 million all-cash deal aims to strengthen the company's commitment to deliver end-to-end AI solutions based on open standards.

“AI is our number one strategic priority, and we continue to invest in both the talent and software capabilities to support our growing customer deployments and roadmaps,” said Vamsi Boppana, AMD senior vice president, artificial intelligence group.

“The Silo AI team has developed state-of-the-art language models that have been trained at scale on AMD Instinct accelerators and they have broad experience developing and integrating AI models to solve critical problems for end customers. We expect their expertise and software capabilities will directly improve the experience for customers in delivering the best performing AI solutions on AMD platforms.”

What Else: The stock is currently trading at $137.55, moving below its 50-day moving average of $152.26. Its 52-week range spans from $93.11 to $227.30 and its average session volume is 54.39 million. It’s currently trading below its average session volume at 14.38 million.

How To Buy Advanced Micro Devices Stock

By now you're likely curious about how to participate in the market for Advanced Micro Devices ( AMD ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of Advanced Micro Devices ( AMD ) , which is trading at $137.64 as of publishing time, $100 would buy you 0.73 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

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AMD Price Action: At the time of writing, Advanced Micro Devices ( AMD ) stock is trading 1.69% higher at $136.54, according to data from Benzinga Pro.

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