Riot Platforms (RIOT) Climbs 16% on AMD Data Center Lease Deal
Yahoo Finance·2026-01-17 16:04

We recently published 10 Firms Making Effortless 10-40% Gains. Riot Platforms Inc. (NASDAQ:RIOT) was one of the top performers on Friday. Riot Platforms bounced back by 16.11 percent on Friday to finish at 19.24apieceafterbaggingadatacenterleaseandservicesagreementwithAdvancedMicroDevicesInc.(AMD),whichcouldpotentiallygeneratetheformerupto19.24 apiece after bagging a data center lease and services agreement with Advanced Micro Devices Inc. (AMD), which could potentially generate the former up to 1 billion in revenues. In a statement, Riot Platforms Inc. (NASDAQ:RIOT) said that it entered into a 10-year lease agreement with AMD for the ...