Riot Platforms (RIOT) announces fee simple acquisition of land and first data centre lease with AMD (AMD) at the Rockdale site
Newsquawk Staff ·
Riot Platforms (RIOT) announces fee simple acquisition of land and first data centre lease with AMD (AMD) at the Rockdale site.
What it means
Riot Platforms' acquisition of land and leasing agreement with AMD for a data center marks a strategic expansion into the semiconductor sector, likely enhancing its operational capabilities and market positioning. This move may improve their competitive edge in data processing and energy efficiency, which could lead to positive sentiment in both RIOT and AMD shares, especially as the demand for data processing infrastructure continues to grow.
Sources
- [ANALYSIS] US Midterms: Senate, Governor and PUC indicative timings
- Advanced Micro Devices Inc. (AMD) Q3 2026 (USD): Adj. EPS 2.09 (exp. 1.95), Revenue 13.4bln (exp. 13.1bln)
- Nvidia’s (NVDA) market dominance helps it influence policy and customers, reports The Information
- US EQUITY OPEN: Tech pares back some recent losses as US/Iran negotiations and US midterms are in focus
- US BROKER MOVES: BE upgraded at Barclays; MRVL downgraded at TD Cowen
Related headlines
- Newsquawk US Market Wrap - Stocks mixed on AI rebound ahead of US midterms5 days ago
- [ANALYSIS] US Midterms: Senate, Governor and PUC indicative timings5 days ago
- Newsquawk US Daily Equity Opening News - AAPL falls on margin outlook; PLTR falls as US commercial growth slows5 days ago
- The Mosaic Company (MOS) Q3 2026 (USD): Adj. EPS -0.19 (exp. -0.01), Revenue 3.1bln (exp. 3.05bln)5 days ago
- Arista Networks Inc. (ANET) Q3 2026 (USD): Adj. EPS 1.20 (exp. 1.08), Revenue 3.66bln (exp. 3.33bln)5 days ago
- Booking Holdings Inc. (BKNG) Q3 2026 (USD): Adj. EPS 4.66 (exp. 4.49), Revenue 8.9bln (exp. 9.55bln)5 days ago
- Amgen Inc. (AMGN) Q3 2026 (USD): Adj. EPS 6.45 (exp. 5.79), Revenue 10.4bln (exp. 10.07bln), Adj. operating income 4.7bln (exp. 4.33bln)5 days ago
- Oracle (ORCL) executive VP told Nikkei the Co. has no plans to slow down its investment in Japan, emphasising that the country remains a key market5 days ago
- Ambani’s Jio Platforms held talks to license technology to Comcast (CMCSA) and Charter (CHTR) in exchange for shares, according to sources5 days ago
- Uber’s (UBER) Jill Hazelbaker to join OpenAI as Chief Corporate Affairs Officer, reports The Information5 days ago
- Apple (AAPL) opens Siri AI preview to all developers5 days ago
- Newsquawk Daily US Earnings Estimates - 4th November 2026: CVS, UBER, MCD, QCOM, MCK, ARM5 days ago
- Sysco (SYY) executives expect basket inflation below 1% in Q2 and between 1% and 1.5% for the full year, down from its budgeted 1.5-2% assumption, creating near term P&L pressure5 days ago
- Spanish competition authority (CNMC) launches disciplinary proceedings against Apple (AAPL) and Amazon (AMZN)5 days ago
- Amazon's (AMZN) AWS and GOSH are to deploy emerging technologies in healthcare5 days ago