🟢 Advanced Micro Devices, Inc. is trading 3.75% up today on finalized AI infrastructure deal with Rackspace

Advanced Micro Devices, Inc. is trading 3.75% up at $80175.00 after finalizing an 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 concrete company-specific catalyst.
• Broader markets are also in a risk-on mood, with the Nasdaq up more than 1%, adding further support to the stock's upward movement.