AMD and frontier lab leases: $9.8B contracted revenue
Company: Riot
The claim, verbatim
Combined with a lease to AMD, the Rockdale frontier AI lab agreement brought Riot to an estimated $9.8 billion in long-term contracted revenue.
Source (primary)
Riot Platforms Soars 20% on Earnings and $28 Billion Corsicana AI Lease; Cipher Digital Plunges 13%, MARA Drops 5% - 24/7 Wall St. (-, news_article)
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Quote: “Combined with a lease to Advanced Micro Devices ( NASDAQ:AMD ), that agreement lifted Riot to 241 megawatts of executed capacity and an estimated $9.8 billion in long-term contracted revenue.”
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Additional evidence
confirms Riot Platforms Soars 20% on Earnings and $28 Billion Corsicana AI Lease; Cipher Digital Plunges 13%, MARA Drops 5% - 24/7 Wall St.
Quote: “Combined with a lease to Advanced Micro Devices ( NASDAQ:AMD ), that agreement lifted Riot to 241 megawatts of executed capacity and an estimated $9.8 billion in long-term contracted revenue.”