New York, Jan 18, 2026, 18:06 EST — Market closed.
- AMD shares climbed 1.7% on Friday, closing strong before Monday’s U.S. market holiday.
- Riot Platforms inked a 10-year lease for a data center with AMD, featuring options that could boost the contract’s total worth.
- A regulatory filing showed that an AMD officer filed notice for a small proposed share sale under Rule 144.
Advanced Micro Devices shares look to hold steady through the U.S. market weekend following news that Riot Platforms secured a data-center lease with the chipmaker. The deal highlights sustained appetite for the capacity and power essential to run advanced computing setups. AMD stock ended Friday at $231.83, up 1.7%. Investing.com
Timing matters. Investors view chipmakers tied to data centers and AI workloads as a barometer for corporate tech budgets. With few new company forecasts around, even small infrastructure tweaks can sway sentiment.
The Riot deal arrives mere weeks ahead of AMD’s quarterly earnings, throwing its executives into a spotlight over demand, supply, and pricing for data-center chips. Traders are keen to figure out whether this lease signals genuine expansion or just a shift in how AMD handles its workloads.
Riot has secured a Data Center Lease and Services Agreement with AMD at its Rockdale, Texas site, covering 25 megawatts of “critical IT load” capacity—that’s the power set aside for servers and related equipment. The deal runs for an initial 10 years and is expected to generate about $311 million in contract revenue for Riot, the company said. Riot Platforms
Riot CEO Jason Les called the deal a “validation” of the company’s infrastructure, noting it meets AMD’s “immediate needs,” according to the statement. Deliveries will kick off in January 2026 and finish by May 2026, with options that could boost total contract revenue to about $1.0 billion if exercised. Riot Platforms
Markets are closed Monday for Martin Luther King Jr. Day. Trading resumes Tuesday, giving investors a pause before they can react. NASDAQ Trader
Separately, an AMD regulatory filing dated Jan. 16 showed officer Ava Hahn filed a Form 144 notice to sell 2,442 shares, worth about $572,454. This form typically signals a plan to dispose of restricted or control securities under SEC Rule 144. Advanced Micro Devices, Inc.
That said, the Riot deal won’t add to AMD’s revenue. Leasing data-center space counts as an expense for the tenant. The announcement left unclear which systems AMD plans to run at Rockdale, how quickly they’ll scale up, or whether this replaces other sites—details that could shape how investors see the move.
AMD is gearing up to release its fiscal fourth-quarter and full-year 2025 earnings on Tuesday, Feb. 3, after the market closes. The company will hold a conference call at 5 p.m. EST to discuss the results. AMD
