Riot Platforms pre-market up 7.7%, signs data center leasing agreement with AMD

2026-01-16 14:14:11

【Blockchain Rhythm】On January 16, according to exchange market data, U.S. stock miner Riot Platforms (RIOT) rose 7.7% in pre-market trading. The driving force behind this movement is the company's data center leasing agreement with AMD. This collaboration indicates that miners are accelerating their deployment of computing power and also reflects the overall industry chain heat driven by AI computing power demand.

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LayerZeroHero

· 01-19 13:57

Buddy, it looks like RIOT's collaboration with AMD is really happening. The arms race for computing power is heating up. --- AMD chips are about to be gobbled up by mining companies again. That's true demand support. --- Pre-market up 7.7%, indicating that capital has caught on, but how long this can last is the real question. --- Data center leasing? It seems like mining companies are covertly bottom-fishing for AMD. Pretty clever. --- Nowadays, anyone without some kind of computing chip is like going out without clothes. It's hilarious. --- This AI wave has activated the entire industry chain, and mining companies have become the biggest winners? --- AMD is happy, RIOT is happy, but I wonder if the latecomer retail investors are happy. --- With such high demand for computing power, why does it still feel like GPUs are so scarce...

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FOMOSapien

· 01-19 02:05

RIOT is taking off again? This time it's really interesting, teaming up with AMD The computing power arms race is getting more intense, it feels like mining companies are desperately stockpiling machines AMD has even started renting data centers for mining, chip manufacturers are really seeing through this wave But it rose 7.7% before the market opened... it won't count until the opening, right? Regarding AI computing power, are mining companies now the main contractors? Quite interesting, the entire chain is heating up

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pumpamentalist