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Riot Platforms reported Q2 2026 revenue of $174.2 million and completed the initial 25 megawatts of AMD deployment, while signing a 20-year lease for 191 MW of data-center capacity at Rockdale with a frontier AI lab, bringing contracted capacity to 241 MW and potential revenue up to $16.1 billion with extensions. The 191 MW lease is expected to generate about $9.1 billion over the initial term, with full deployment planned by mid-2028, supported by interim financing and ongoing expansion alongside the AMD agreement and bitcoin mining operations. 73 sources are covering this story from every side. What's your read?
Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company headquartered in Santa Clara, California. It develops central processing units (CPUs), graphics processing units (GPUs), field-programmable gate arrays (FPGAs), system-on-chips (SoCs), and high-performance computer components. AMD serves a wide range of business and consumer markets, including personal computers (PCs), gaming, data centers, and embedded systems.
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