{"slug": "riot-platforms-lands-amd-rockdale-data-deal", "title": "Riot Platforms Lands AMD Rockdale Data Deal", "summary": "Riot Platforms (NASDAQ: RIOT) has secured a data center deal with AMD at its Rockdale, Texas facility, expanding contracted capacity to 50 MW with an option for 200 MW. The 10-year agreement is expected to generate approximately $636 million in revenue, as Riot pivots from Bitcoin mining to AI and data-center hosting, driving its stock up 90% year-to-date in 2026.", "body_md": "InsiderMonkey reports that Situational Awareness ranks **Riot Platforms (NASDAQ: RIOT)** among its under-the-radar AI and data-center stock picks, citing a reported stake value of **$142.2 million**. Per InsiderMonkey, Riot has pivoted from Bitcoin mining toward data-center hosting and the stock is up roughly **90% year-to-date in 2026**. AMD exercised a capacity expansion option at Riot's **Rockdale, Texas** facility, bringing total contracted capacity to **50 MW**, with an option to reach **200 MW** total, per Riot's own press releases. The 50 MW arrangement is expected to generate approximately **$636 million** in contract revenue over 10 years, per company disclosures and Data Center Dynamics. Riot's Corsicana site has potential for **1 GW** of total capacity, with roughly **400 MW** operational and a Q2 2027 addition of **168 MW** under construction.", "url": "https://wpnews.pro/news/riot-platforms-lands-amd-rockdale-data-deal", "canonical_source": "https://letsdatascience.com/news/riot-platforms-lands-amd-rockdale-data-deal-89c455d6", "published_at": "2026-06-25 19:38:22+00:00", "updated_at": "2026-06-25 21:19:08.104167+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-chips"], "entities": ["Riot Platforms", "AMD", "Rockdale", "Texas", "Corsicana", "InsiderMonkey", "Data Center Dynamics", "NASDAQ"], "alternates": {"html": "https://wpnews.pro/news/riot-platforms-lands-amd-rockdale-data-deal", "markdown": "https://wpnews.pro/news/riot-platforms-lands-amd-rockdale-data-deal.md", "text": "https://wpnews.pro/news/riot-platforms-lands-amd-rockdale-data-deal.txt", "jsonld": "https://wpnews.pro/news/riot-platforms-lands-amd-rockdale-data-deal.jsonld"}}