New York, Jan 18, 2026, 18:06 EST — Market closed.
- AMD shares ended Friday’s session up 1.7%, ahead of Monday’s U.S. market holiday.
- Riot Platforms announced a 10-year data-center lease agreement with AMD, including options that may increase the total contract value.
- A regulatory filing revealed that an AMD officer submitted a notice related to a minor proposed share sale under Rule 144.
Shares of Advanced Micro Devices are set for a quiet stretch over the U.S. market weekend after Riot Platforms announced a data-center lease with the chipmaker. The pact signals ongoing demand for the power and room needed to support advanced computing systems. AMD stock closed Friday at $231.83, gaining 1.7%. (Investing)
Timing is key. Investors see chipmakers linked to data centers and AI workloads as a gauge for corporate tech spending, so even minor infrastructure updates can shift sentiment when fresh company guidance is scarce.
The Riot deal comes just weeks before AMD’s quarterly earnings, putting its execs in the hot seat over demand, supply, and pricing for data-center chips. Traders will be watching closely to see if this lease points to real expansion or simply a move in how AMD manages its workloads.
Riot announced it has inked a Data Center Lease and Services Agreement with AMD at its Rockdale, Texas facility, covering an initial 25 megawatts of “critical IT load” capacity — that’s the power dedicated to running servers and related gear. The lease spans an initial 10-year term and is projected to bring in roughly $311 million in contract revenue for Riot, the company said. (Riot Platforms)
Riot CEO Jason Les described the deal as a “validation” of its infrastructure and said the offering addressed AMD’s “immediate needs,” according to the statement. Delivery is set to start in January 2026 and wrap up by May 2026, with options that could push total contract revenue to roughly $1.0 billion if exercised. (Riot Platforms)
Markets remain closed Monday in observance of Martin Luther King Jr. Day. Investors will have to wait until Tuesday to respond once trading picks back up. (NASDAQ Trader)
Separately, an AMD regulatory filing from Jan. 16 revealed that officer Ava Hahn submitted a Form 144 notice proposing to sell 2,442 shares, valued at roughly $572,454. Form 144 usually indicates an intention to offload restricted or control securities under SEC Rule 144. (Advanced Micro Devices, Inc.)
That said, the Riot deal won’t boost AMD’s revenue. Leasing data-center space hits the tenant’s expense side. The announcement didn’t clarify which systems AMD intends to operate at Rockdale, the pace of ramp-up, or if this will replace other facilities—factors that could influence investor interpretation.
AMD’s upcoming key event is its earnings report. The company plans to release fiscal fourth-quarter and full-year 2025 results on Tuesday, Feb. 3, after markets close, with a conference call set for 5 p.m. EST. (AMD)
