Riot Platforms: A $311M AMD Deal Changes the HPC Game
Potential: If all expansion options are exercised, the total contract value could exceed $1 billion.Capacity: The deployment begins with 25 Megawatts (MW) of capacity, with an option to scale operations up to 200 MW.The deal centers on Riot’s Rockdale, Texas, facility. Under the terms of the agreement, AMD will lease power and facility capacity for an initial 10-year term. The specifics of the deal highlight why investors are optimistic:The driver behind this market enthusiasm is the confirmation of a major ...