AMD stock
On June 22, 2026, AMD finalized a strategic agreement with Riot Platforms to expand its data center lease capacity to 50 megawatts. The contract is projected to generate approximately $636 million in revenue over the next decade. This partnership integrates AMD's high--performance computing infrastructure into Riot's digital asset operations, demonstrating the growing cross--sector demand for AMD's data center solutions in specialized industrial applications beyond traditional cloud and AI services.