Riot’s stock rises after AMD boosts data center capacity to a potential 150 megawatts power
Riot Platforms (RIOT) shares jumped about 8% on Friday after Advanced Micro Devices (AMD) expanded its capacity at the company’s Rockdale, Texas campus, highlighting Riot’s continued pivot from bitcoin mining into AI and high-performance computing. According to the Q1 financial results, AMD exercised an option to double its contracted capacity to 50 megawatts (MW), with … Read more