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Riot's Stock Surges 8% on Expanded AMD Partnership and AI Expansion
Shares of Riot Platforms experienced an 8% surge on Friday following the announcement that Advanced Micro Devices would be expanding its capacity at Riot's Rockdale, Texas campus, marking a significant pivot towards AI and high-performance computing. According to the company's Q1 financial results, AMD has exercised an option to double its contracted capacity to 50 megawatts, with potential for f…
May 1, 2026, 8:59 p.m.
Markets
Riot's Shares Surge 8% on Expanded AMD Partnership and AI Expansion
Shares of Riot Platforms (RIOT) experienced a significant 8% increase on Friday following the announcement that Advanced Micro Devices (AMD) would be expanding its capacity at Riot's Rockdale, Texas campus. This development highlights Riot's ongoing transition from bitcoin mining to artificial intelligence (AI) and high-performance computing. According to the company's Q1 financial results, AMD h…
May 1, 2026, 8:59 p.m.
Markets
Riot's Shares Surge 8% on Expanded AMD Partnership and AI Focus
Shares of Riot Platforms (RIOT) experienced a significant 8% increase on Friday, driven by the announcement that Advanced Micro Devices (AMD) has expanded its capacity at Riot's Rockdale, Texas campus. This development highlights Riot's ongoing transition from bitcoin mining to artificial intelligence and high-performance computing. According to the company's Q1 financial results, AMD has exercis…
May 1, 2026, 8:59 p.m.
Markets
Riot's Shares Surge 8% Following Expanded Partnership with AMD and Shift Towards AI
Shares of Riot Platforms (RIOT) experienced a significant 8% increase on Friday, driven by the announcement that Advanced Micro Devices (AMD) has expanded its capacity at Riot's Rockdale, Texas campus. This development highlights Riot's ongoing pivot from bitcoin mining to artificial intelligence and high-performance computing. According to the company's Q1 financial results, AMD has exercised an…
May 1, 2026, 8:59 p.m.
Markets
Riot's Stock Surges 8% Following Expansion of AMD Partnership and AI Strategic Shift
Shares of Riot Platforms (RIOT) experienced an 8% increase on Friday, driven by the announcement that Advanced Micro Devices (AMD) would be expanding its capacity at Riot's Rockdale, Texas campus. This development highlights Riot's ongoing pivot from bitcoin mining towards artificial intelligence (AI) and high-performance computing. According to the company's Q1 financial results, AMD has exercis…
May 1, 2026, 8:59 p.m.
Markets
Riot's Shares Surge 8% Following Expanded Partnership with AMD and Shift Towards AI
Shares of Riot Platforms (RIOT) experienced a significant 8% increase on Friday, driven by the announcement that Advanced Micro Devices (AMD) would be expanding its capacity at Riot's Rockdale, Texas campus. This development highlights Riot's ongoing transition from bitcoin mining to artificial intelligence (AI) and high-performance computing. According to the company's Q1 financial results, AMD …
May 1, 2026, 8:59 p.m.
Markets
Riot's Stock Surges 8% Following Expanded Partnership with AMD and Shift towards AI
Shares of Riot Platforms (RIOT) experienced a significant 8% increase on Friday, driven by the announcement that Advanced Micro Devices (AMD) would be expanding its capacity at Riot's Rockdale, Texas campus. This development highlights Riot's ongoing pivot from bitcoin mining to artificial intelligence and high-performance computing. According to the company's Q1 financial results, AMD has exerci…
May 1, 2026, 8:59 p.m.
Markets
Riot's Shares Surge 8% Following Expansion of AMD Data Center Partnership, Signaling Shift to AI
Shares of Riot Platforms (RIOT) experienced an 8% increase on Friday, driven by the announcement that Advanced Micro Devices (AMD) has expanded its capacity at Riot's Rockdale, Texas campus. This development highlights Riot's ongoing transition from bitcoin mining to artificial intelligence (AI) and high-performance computing. According to the company's Q1 financial results, AMD has exercised an …
May 1, 2026, 8:59 p.m.
Markets
Canadian Investment Giant AIMCo Sees Significant Gains After Reinvesting in Strategy
The author of this article holds shares in MicroStrategy (MSTR). According to its recent 13F filing for the first quarter, Alberta Investment Management Corporation (AIMCo) acquired 1,382,000 shares of MicroStrategy (MSTR) at a cost of $172,473,600. This translates to an average cost per share of approximately $125. Given the current price of MSTR at around $175, the position is now valued at rou…
May 1, 2026, 5:40 p.m.
Markets
Canadian Pension Fund AIMCo Sees $69 Million Unrealized Gain After Investing in Strategy
The author of this article has a stake in MicroStrategy (MSTR). According to its Q1 13F filing, Alberta Investment Management Corporation (AIMCo) acquired 1,382,000 shares of MSTR for $172,473,600. This translates to an average cost per share of approximately $125. Given MSTR's current price of around $175, the position is now valued at roughly $241 million, resulting in an unrealized gain of abo…
May 1, 2026, 5:40 p.m.