AMD stock
On June 16, 2026, AMD and Rackspace Technology signed a definitive agreement to deploy 30 megawatts of AMD--powered AI compute across global data centers through 2028. This contract solidifies AMD as the primary silicon provider for Rackspace's "Governed Enterprise AI Cloud," utilizing Instinct MI355X and MI350P GPUs alongside EPYC CPUs to support secure, compliant AI workloads for regulated industries.