AMD · News · 20260816N

Customer Dynamics — Riot Platforms

ADVANCED MICRO DEVICES INC · 2026-08-16 · Importance 31 · Surprise 42

Riot Platforms signed a $9 billion, 20-year compute agreement with Anthropic covering 191 megawatts of capacity at its Rockdale, Texas facility. The agreement represents a strategic shift by Riot from Bitcoin mining toward AI data-center infrastructure. The report says the deal builds on a prior agreement with AMD, indicating potential demand support for AMD’s AI infrastructure ecosystem, but it does not quantify AMD’s revenue or contractual exposure.