TradingKey – As of September 28 Eastern Time, AMD (AMD) stock pulled back on Monday after hitting an all-time high of $639 last Friday, dropping 3.61% during the session to close at $607.87. However, the company’s latest AI acquisition has once again become a focus of market attention. On September 28, AMD announced that it would acquire World Labs, founded by Fei-Fei Li, in an all-stock transaction valued at approximately $8.2 billion, further extending its reach from AI chips into AI models, software, and physical AI.