• Advanced Micro Devices, Inc. is trading at $80,950.00 today. The stock closed 4.76% higher yesterday following the June 16 announcement of a finalized AI compute infrastructure agreement with Rackspace.
  • The deal involves a phased deployment of 30 MW of AMD-powered AI compute across Rackspace data centers, providing a growth catalyst tied to data center and AI workloads.
  • This agreement further strengthened AMD's position in the AI hardware market and contributed to its multi-day rally.