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AMD signs additional 25MW data center lease with Riot in Texas

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Cryptomine firm-turned HPC data center provider Riot has signed a new deal with chip designer AMD.

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Summary

As part of its Q1 2026 earnings report, Riot Platforms announced AMD has exercised its option to lease an additional 25MW from the data center firm, bringing its total contracted capacity to 50MW of critical IT capacity. “The first quarter of 2026 marks a definitive inflection point for Riot, as we officially transitioned into an active, revenue-generating data center operator,” said Jason Les, CEO of Riot. "With 50MW now firmly contracted with AMD, they are rapidly executing on the value creation opportunity presented by their significant, fully-approved power portfolio. Riot announced a pivot towards HPC data centers in January, securing AMD as a customer.

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