Follow UsBitcoin miner Riot's shares jump 8% after expanding AMD data center deal, signaling AI pivot
Bullish+53.31%
1 May, 20:59
Source: CoinDesk
AI Summary
Riot Platforms shares jumped 8% after expanding its AMD data center deal with improved financing terms, signaling a strategic pivot beyond bitcoin mining toward AI infrastructure.
AMD’s expansion and improved financing terms highlight Riot’s shift beyond bitcoin mining and strengthen confidence in its growing data center business.