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Riot’s stock rises after AMD boosts data center capacity to a potential 150 megawatts power

AMD’s expansion and improved financing terms highlight Riot’s shift beyond bitcoin mining and strengthen confidence in its growing data center business.

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.
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Source: CoinDesk | Published: 2026-05-01T20:59:09Z

Credit: CoinDesk

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